GST on Real Estate Transactions involving Joint Development Agreements / Transfer of Development Rights wef 1st April 2019 (JDA/TDR) Construction and Real Estate is a complex business with multiple stakeholders involved in it. It has been a growing sector in India, but ironically has been riddled with litigation owing to multiplicity of taxes and dual administration […]
Mandatory Filing of Income Tax Returns – Who is supposed to file ITR for AY 2020-21? There are some legal consequences for late filing and evasion, which this article will explore. Let’s understand whether you are required to file an income tax return in India for FY 2019-20 Mandatory Filing of Income Tax Return (ITR): […]
Article covers Cash Transactions provisions (Section 269SS, 269T, 269ST, 43), Reportable Transaction provisions (Section 285BA, Rule 114E) and Transaction on which Tax has to be collected at Source (TCS) (Section 206C)
GST on Real Estate Transactions, Transfer of Developments Rights and Joint Development Agreements (JDAs) Construction and Real Estate is a complex business with multiple stakeholders involved in it. It has been a growing sector in India, but ironically has been riddled with litigation owing to multiplicity of taxes and dual administration mechanism; thereby exposing it to […]
In a fast growing, competitive market, one of the most effective ways to gain new customers is to give away free and sample products. Providing free or sample products is a tried and tested marketing method used by various companies in India and in this article, we review the applicability of GST on free and […]