If A builder redevelop a building of existing owners and after development builders sales extra flats to others and existing owners get area more than before development they have.
Is this extra area given without consideration to tenants subject to gst ? If yes than on what value?
Menu
Gst on free space given to tenants
Replies (1)
There is a non- monetary consideration involved. Builder is giving land and you are providing flats in exchange after construction. So GST is to be discharged!
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
