Sir
Whether 194 IA is applicable if a builder and land owner entered into a joint venture and construct flats on an ageement to provide some flats to the land owner as consideration of the land
kindly give quick reply as it is urgent
Menu
194 ia applicability on joint venture between land owner and
Replies (3)
Dear Divya,
Section 194 IA shall not be applicable since the consideration on transfer of immovable is not involved.
thank you
but whether the number of flats alloted to the land owner is consideration or not
I am telling that consideration in money not in kind.
Recent Topics :
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
Related Topics :
CAclubindia
