Value of FSI and TDR not to be included in land value under Section 50C of Income Tax Act; January 29, 2013

Value of FSI and TDR not to be included in land value under Section 50C of Income Tax Act Transfers of immovable property are required to take place at a fair valuation as per Indian tax laws. In a judgment that could have significant consequences for the real estate sector, the Mumbai Bench of the Income...

Value of FSI and TDR not to be included in land value under Section 50C of Income Tax Act Transfers of immovable property are required to take place at a fair valuation as per Indian tax laws. In a judgment that could have significant consequences for the real estate sector, the Mumbai Bench of the Income...