By K K Ramani & Co Accommodation Times Bureau Frequently Asked Questions Q-1. The building was constructed 25 years ago and the Co-operative Society was registered 20 yrs ago. Inspite of its members best efforts the builders have not given conveyance of property to the Society. The Society wants to use TDR.
By Accommodation Times News Services By CA R.V. Shah Section 56(2)(vii) of the Income Tax Act, 1961 applicable from 1st October 2009 has inserted this provision and made in case the property received by an individual or Hindu Undivided Family (HUF). The Section states that, where immovable property or any other property is