Tax on gains from acre scheme

I invested 12.5 lacs in acre scheme of a developer in 2011. A half acre was to be given after 2 years. However the plot was finally allotted in 2019 as the developer could not acquire the land. Registry would be done after 2 years. I sold the plot before registry at 45 lacs in Dec 2019. Request what would be my tax liability

asked Mar 09 '20 at 16:30 by Andy 1

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Asked: Mar 09 '20 at 16:30

Seen: 716 times

Last updated: Mar 09 '20 at 16:30

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