. . Is Land Owner Entitle For Benefit Of Section 54F For Giving Development Right To Developers? – Tax Questions and Answers

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Is Land Owner Entitle For Benefit Of Section 54F For Giving Development Right To Developers?

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One response to “Is Land Owner Entitle For Benefit Of Section 54F For Giving Development Right To Developers?”

  1. grk Avatar
    grk

    My father gave land as gift to my two sisters, my mother, to me and also he kept one share to him. I:e, he gifted or divided his land to 5 parts and later we five went to development agreement and received one flat each including my father. In this does 15f applicable to each 5 of is? Do we need to pay any capital gains tax?

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