+
Telangana HC Decides GST Applicability
ECONOMY & POLICY

Telangana HC Decides GST Applicability

In a significant legal development, the Telangana High Court has addressed the applicability of the Goods and Services Tax (GST) to Transfer of Development Rights (TDR) in Joint Development Agreements (JDAs). The court's verdict establishes crucial precedent, influencing taxation within the real estate sector.

The case, brought before the court, delved into the complexities surrounding the taxation of TDR in collaboration agreements between landowners and developers. The decision carries implications for businesses engaged in joint development ventures and sets a precedent for similar cases across the country.

This verdict comes amidst ongoing discussions about the GST framework and its reach across diverse economic activities. The court's nuanced interpretation and determination of the tax implications on JDAs offer clarity to stakeholders navigating the intricate landscape of real estate transactions.

The ruling, available here, outlines the court's rationale, providing legal insights into the treatment of TDR under the GST regime. As the legal community absorbs the implications, businesses and practitioners await potential ripple effects on their operations, making this a key development in the realm of tax law and property transactions.

In a significant legal development, the Telangana High Court has addressed the applicability of the Goods and Services Tax (GST) to Transfer of Development Rights (TDR) in Joint Development Agreements (JDAs). The court's verdict establishes crucial precedent, influencing taxation within the real estate sector. The case, brought before the court, delved into the complexities surrounding the taxation of TDR in collaboration agreements between landowners and developers. The decision carries implications for businesses engaged in joint development ventures and sets a precedent for similar cases across the country. This verdict comes amidst ongoing discussions about the GST framework and its reach across diverse economic activities. The court's nuanced interpretation and determination of the tax implications on JDAs offer clarity to stakeholders navigating the intricate landscape of real estate transactions. The ruling, available here, outlines the court's rationale, providing legal insights into the treatment of TDR under the GST regime. As the legal community absorbs the implications, businesses and practitioners await potential ripple effects on their operations, making this a key development in the realm of tax law and property transactions.

Next Story
Real Estate

Signature Global Gets CARE A+ Rating for Rs 8.75-Billion NCD Issue

Signature Global (India), a leading real estate company, has received a CARE A+ rating with a Stable outlook from CareEdge Ratings for its proposed long-term Non-Convertible Debenture (NCD) issue of Rs 8.75 billion. The funds will be used to refinance existing debt and support business expansion. The rating reflects the company's steady sales and collections, backed by over 146 lakh sq ft of developed residential and commercial space, timely delivery of projects, and diversification across project stages. In FY25, Signature Global recorded a 42 per cent year-on-year increase in booki..

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?