Consideration in Form TDR by corporation

A land is acquired by Municipal corporation for general public utility such as road, garden. Said acquisition is obtained by registered document and registrar inform said transaction under SFT with ready reckoner value. Said document is showing payment in form TDR as consideration.  Subsequently said TDR are sold. My questions are: Whether received TDR is taxable as capital gain in year when land is transferred to corporation. If yes at what value being subsequent sale of TDR is much of lower value than shown consideration in sale deed. Whether provisions of 50C are applicable to allotted TDR. Said TDR are…

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