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10 sie 2022 · In view of recent clarification by the Central Board of Indirect Taxes through its Circular vide No. 177/09/2022 TRU dated 3rd August 2022, there is once again buzz in the real estate sector about the GST implications on development and sale of plots.
20 sie 2024 · This article analyses the impact of GST on the sale of land, sale of developed plots and the leasing of land, along with the availability of ITC.
Tax Advice. Taxes In Georgia (Country): Income, Corporate, VAT, & More. This article outlines all of the taxes in Georgia (Country) including income tax & corporate tax rates. If you are more interested in a practical guide on how and why to move your tax residency / business to Georgia, read our guide here. Taxation in Georgia (GTC Article 6).
GST IMPLICATIONS ON DEVELOPMENT OF PLOTS. Contributed by CA Sri Harsha and CA Manindar. Introduction: Development agreements are popular not only with respect to the construction of residential or commercial complexes but also with respect to laying and development of plots.
13 maj 2024 · An overview of GST on real estate transactions, highlighting that sales of developed plots with included development costs are not taxable, and actions or tolerances are not covered under GST.
31 paź 2023 · This article provides a comprehensive analysis of GST in the real estate sector, exploring various tax options, joint development rights and agreements, as well as specific scenarios like the sale of plots and slum rehabilitation.
Introduction: This article is a continuation to our article in previous edition. In the previous article, we took up to deal the tax implications on development of plots, wherein, we have identified four transactions which are common to any development agreement: Transaction I - Transfer of Development Rights (TDR) by landowner to developer.
