The concept of TDS has been incorporated under GST with the intent to bring high value transactions under control. Although, GST has no effect on tax revenue of Government,the underlying aim is to enhance the control and prevent tax evasion.The provisions regarding TDS are goverened by section 51 of the CGST Act,2017.
Meaning of Joint Development Agreement In a Joint Development Agreement, land owner contributes his land and enters into an arrangement with the developer to develop and construct a real estate project at the developer’s cost.The key feature of JDA is that the land owner contributes land and developer undertakes the responsibility of obtaining approvals, property […]
