Telangana HC Decides GST Applicability

13 Feb 2024 CW Team

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.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..