Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts

Taxability of corpus received from the Builder



What is the tax liability on Corpus received from the builder in case of re-development examines Adv. R. P. Rathod.

In the Last month the Chairman of a Housing Society in the suburbs approached me on the issue of redevelopment of their society building. The proposal was received from a reputed builder and the package offered by them was very attractive says Adv. R. P. Rathod.

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