| Question And Answer | |
|---|---|
| Subject: | Taxation pursuant to redevelopment |
| Category: | Income-Tax |
| Querist: | ALPESH MODI |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | redevelopment |
| Date: | July 15, 2024 |
Sir,
I am holding commercial premises on tenancy basis. Developer is offering ownership and other benefits like corpus rent and extra area pursuant to redevelopment.
Wanted to know tax implication pursuant to redevelopment and on sale of new premises.
Reply of the Expert is awaited. Please check back later
Disclaimer: This article is only for general information and is not intended to provide legal advice. Readers desiring legal advice should consult with an experienced professional to understand the current law and how it may apply to the facts of their case. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this article nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org