{"id":35361,"date":"2023-08-03T11:22:42","date_gmt":"2023-08-03T05:52:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=35361"},"modified":"2023-08-10T06:26:20","modified_gmt":"2023-08-10T00:56:20","slug":"redevelopment-of-society-old-flat-in-the-bldg-demolished-and-new-one-constructed","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/redevelopment-of-society-old-flat-in-the-bldg-demolished-and-new-one-constructed\/","title":{"rendered":"Redevelopment of society &#8211; Old Flat in the bldg demolished and new one constructed"},"content":{"rendered":"<p>When a Society building containing various is demolished due to a Development Agreement ( typical in Mumbai ), does it not amount to &#8220;Relinquishment of asset&#8221; u\/s 2(47)(i) &#8211; The asset is physically not there now and a new asset (new house may be bigger) will be given.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[24,459],"class_list":["post-35361","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-capital-gains","qa_tag-redevelopment"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/35361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35361"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35361"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=35361"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=35361"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=35361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}