Taxability of Real Estate transactions

More documents

Recommendations

Info

Issues in section 50C • Consequences in case value arrived at by the Valuation Officer is: – less the than stamp duty valuation – more than the stamp duty valuation • In case the stamp duty valuation is disputed before the concerned authority; Section 155(15) • Section 50C applicable only to the seller but 142A may be invoked to make addition in the hands <strong>of</strong> the buyers. • How the seller can avail benefit u/s 54/ 54EC
Questions • Whether AO can refer a capital asset to the Valuation Officer for ascertaining the FMV <strong>of</strong> the asset • What are the consequences in case the Valuation Officer arrives at a FMV higher than the stated consideration
Page 1 and 2: Taxability of Real Estate transacti
Page 3 and 4: Reference to Valuation Officer •
Page 5 and 6: Section 142A • To estimate the va
Page 7: Section 50C • Value for the purpo
Page 11 and 12: Consequences of higher valuation by
Page 13 and 14: Understatement of consideration •
Page 15 and 16: Consequences • K.P. Verghese v. I
Page 21 and 22: Conclusion • AO can refer such ca
Page 23 and 24: Exemption U/s 54 Capital Gains > Co
Page 25 and 26: Profit on sale of capital asset oth
Page 27 and 28: Exemption U/s 54F Net consideration
Page 29 and 30: Cost of plot • Whether cost of pl
Page 31 and 32: Purchase of more than one house •
Page 33 and 34: Purchase of more than one house •
Page 35 and 36: Execution of sale deed • Payment
Page 37 and 38: Section 54F • Pre condition that
Page 39 and 40: Non residential use of house • Ho
Page 41 and 42: Collaboration agreement • Whether
Page 43 and 44: Payment for SFS/ CGHS flat • Whet
Page 45 and 46: Construction with in 3 years • As
Page 47 and 48: Transformation of an asset • Asse
Page 49 and 50: Death of the assessee • Legal hei
Page 51 and 52: Farm House • Whether a farm house
Page 53 and 54: Capital asset acquired u/s 49 • E
Page 55 and 56: Capital Gains Scheme • Funds give
Page 57 and 58: Section 54GA • Shifting from urba
Page 59 and 60:
Agricultural Land • What is agric
Page 61 and 62:
Implications • How the distance t
Page 63 and 64:
Agricultural land Section 10(37)
Page 65 and 66:
Issues Section 54B • Exemption on
Page 67 and 68:
Conversion of capital asset into st
Page 69 and 70:
Transfer of capital asset • By pa
Page 71 and 72:
Transfer by Firm to the Partner Sec
Page 73 and 74:
Admission of a partner • Partner
Page 75 and 76:
Admission after revaluation • Rev
Page 77 and 78:
Section 45 (4) • Whether transfer
Page 79 and 80:
Family settlement • Bona fide set
Page 81 and 82:
Mode of Computation of Capital Gain
Page 83 and 84:
Developers of Real Estates • Tran
Page 85 and 86:
Agreement • Agreement to sell may
Page 87 and 88:
Recognition of Revenue & Expenses I
Page 89 and 90:
Reliable estimates possible Total R
Page 91 and 92:
Advance money received Section 51 -
Page 93 and 94:
Treatment of advance • Cost of ac
Page 95:
Presentation by Mr Sunil Arora aror
show all

Taxability of Real Estate transactions

Create successful ePaper yourself

Delete template?

Save as template?