The ITAT has ruled that the sale of Transferable Development Rights (TDRs) for ₹6.02 crore attracts capital gains tax after the land was surrendered for road widening. However, eligible land costs and deductions must be considered when calculating taxable gains.
Sold TDRs for ₹6.02 crore? ITAT clarifies capital gains tax rules for landowners
livemint.com - 13 Oct 2026 15:45
The ITAT has ruled that the sale of Transferable Development Rights (TDRs) for ₹6.02 crore attracts capital gains tax after the land was surrendered for road widening. However, eligible land costs and deductions must be considered when calculating taxable gains.
Share this Article
Recommended