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Ca Pravin Bangar

Latest Posts by Ca Pravin Bangar

Amendment of section 43B – Delay in payments to MSME & Impact of Budget 2023 on MSME sector 

February 13, 2023 52479 Views 9 comments Print

Amendment of Section 43B to boost MSME sector growth & timely payments. Govt. of India passed Budget 2023 to help MSMEs. Find out more.

Can a Promoter advertise or sell an apartment without or prior registration under RERA, 2016?

May 19, 2021 4794 Views 0 comment Print

Can a Promoter advertise or sell an apartment without or prior registration under RERA, 2016? Any person, who is covered under the clauses (i) to (vi) of 2(zk) of RERA 2016, is called as Promoter and such person needs to register his real estate project under RERA. Every Promoter shall register his real estate project, […]

Section 80IBA- 100% Tax deduction on Affordable House construction Income

August 8, 2019 21975 Views 7 comments Print

CBDT has inserted section 80IBA by Finance Act, 2016.The provisions of this sections are designed in such way that, it will help to achieve a goal of Housing for All by 31 March 2022.

Maintenance of Books of Accounts? who has? Where? Up to when?

June 11, 2019 32181 Views 4 comments Print

Section 44AA, talks about the various provisions related to maintenance of books of accounts, which books are required to maintain and the period for which such books to maintained. So we will analyse the provisions of section 44AA, in details – Sub-section (1) of section 44AA, says, all persons, which are carrying on specified profession […]

Whether to File Statement of Financial Statements (SFT) before 31/05/2019

May 31, 2019 5325 Views 0 comment Print

Understand the Statement of Financial Transactions (SFT) requirement under Section 285BA of the Income Tax Act. Learn who needs to file and why.

Applicability of Service Tax and GST on Joint Development Agreement

February 17, 2019 48597 Views 7 comments Print

We observe a trend of Joint Development Agreements, commonly known as JDA, in real estate sector, from the year 2000-2001, onwards. JDA is agreement between Landowner and Builder/Developer. In such agreement, Landowner contributes his land and Builder/Developer is assumed to take the responsibility of obtaing various approvals and construction, at his own cost. In JDA, […]

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