What is legal diffrennce as well as through Tax planning in land given to a developer
(i) as on development basis , with taking around 8 % as present land value of government ready recokner as interest free adjustable / refundable deposit .though land is symbolically given in possession of land developer, agisnt sharing of the units to be sold to prosepective buyers .
(ii)as well as in join venture.with taking around 8 % as present land value of government ready recokner as interest free adjustable / refundable deposit .though land is symbolically given in possession of land developer, against sharing of the units to be sold to prospective buyers .
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