Income Tax Matter

I am working as an accountant with Partner Ship firm, carrying on Builders & developers Business.

We have taken one project on Joint Development Agreement basis duly Registered.

I want to ask for the following Points:

a.                   As per Joint Development Agreement, Land Owner so Called  as  1^st Promotor and  Developer  so called as 2^nd Promotor.

b.                  In co relation to above point a, it was agreed to give 44% of the total Sale transaction made by Developer to the 1^st promoter i.e. to Land Owner.

c.                   I want to check the Tax aspect for the same, i.e. whether the above deal will affect any T D S to be borne by Developer.

d.                  Also please guide what will be the Service Tax impact for the said deal  on 2^nd Promotor .