TDR sale is taxable as capital gains: ITAT Bangalore
On August 14, 2026, the Income Tax Appellate Tribunal (ITAT) in Bangalore ruled that transferable development rights (TDRs) are taxable as capital gains. The ruling came after Talera, a landowner, sold his TDRs for Rs 6 crore, assuming they were exempt from tax. The ITAT overturned this assumption and held that TDRs constitute capital assets, subject to capital gains tax upon sale.
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