Answers On Topic: redevelopment
Jv with builder 1.9.24 half ground for one flat for me (owner) and 2 for builder with consideration of 1flat with 20 lakhs cash (bank transfer 5 trs during 2025) project to be completed 30 June 2026. Land is acquired by settlement deed of my father property 3.05.24 register value 40 lakh What would be my capital gain
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Residential Property transferred to legal heirs on 07/02/2019. It was given for redevelopment on 25/11/2022. No financial consideration/monetary benefit since it is redevelopment. Occupation certificate received on 05/08/2025. 4.77% Part of the property (Carpet area) sold in March 2026.What is the Tax applicable for AY 2026-2027 for ITR 2 form.
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Dear Sir, my query is on redevelopment of commercial property, whether capital tax is applicable or not to receiver of the new owner
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We bought flat in 1980. The same has gone for redevelopment in 2018. Possession given in 2025 with 35% extra area in lieu of old area. Now i want to sell this redeveloped flat. What will be taxability?
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Pagdi flat in which me and my husband were residing since before year 1984. Redevelopment agreement made in year 2023 in which market value and stamp duty mentioned of alternate accommodation (which is the same address of the pagdi flat but reconstructed) after redevelopment was very less. Capital gain tax will be calculated on this amount in case the flat will be sold once we get the possession or as per fair market value of the flat at the time of redevelopment agreement?
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Is TDS applicable under Section 194IC on monthly compensation, shifting charges and Corpus fund payable by the developers to tenants under the redevelopment project.
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I pitched a flat in a society in 2006 for 50 lacs. In May 2023 , development agreement was signed with developer declaring total society consideration as 9 crores for 10 members. The redeveloper gave possession of flat in Nov 2025 with 30% extra area. I purchased a flat I Under construction in june 2025 which I will get possession in oct 2027. I want to sale the preset flat now. What are CGT implications for me.
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when a new shop is allotted after redevelopment, is it taxable ? any case law ? does it make if it was depreciable ?
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Dear Sir/Madam, Through a registered gift deed dated 04th August 2025, my mother has gifted her self acquired flat in Mumbai to me, basis of which I have become 100% owner now. She had originally purchased this flat in September 1993 out of her own funds. The flat, originally measuring 355 sq ft, is under redevelopment stage and due to FSI benefit, the new flat to be allotted is for 472 sq ft. However, I have also opted to purchase an additional area of 23 sq ft in this flat, due to which I will receive the new flat measuring…
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Capital gain jv development