JV-Tax Implications on Promoters Share Sale

Venugopal (Querist) 25 March 2015 This query is : Resolved
In the case of a joint-venture with area sharing with the promoters how is the sale of the promoter's share treated and does that sale proceeds of the promoter's share does it have any implication on the landowner as far as income tax and capital gains is considered?

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ajay sethi (Expert) 25 March 2015
raise query in caclub India.com

Rajendra K Goyal (Expert) 25 March 2015
Consult your tax adviser.

Venugopal (Querist) 26 March 2015
Thanks Ajay for your reply.
M.Rajendra,Sir, if I wanted to consult my tax-adviser I wouldn't have asked the question here. The legal side of the issue I wanted to know.

Rajendra K Goyal (Expert) 26 March 2015
Author,

Sir this is academic query which is not replied in the section.

Venugopal (Querist) 27 March 2015
Thank you.

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