All landowners who had cut 'joint development' deals with builders are under the lens for skirting tax on capital gains.

The investigation wings of the Income Tax (I-T) department across the country have been told by the central direct tax body to collect information on agreements where individuals and Hindu Undivided Families (HUFs) had struck a deal with developers but may not have paid tax even after the buildings received 'completion or occupation certificates' (CC/OCs).

CC/OCs are typically issued by municipal authorities of states once the construction is complete and the projects are in a ready-to-move-in state.
In a communique towards end-October, all director generals of I-T investigation wings in several cities were asked by the Central Board of Direct Taxes (CBDT) to fish out data on properties that were given CCs or OCs during the financial years 2020-21, 2021-22, and 2022-23, a source told ET.