By Vimal C. Punmiya, Chartered Accountant 1. Before delving into the applicability of provisions of Chapter XXC and Taxability of additional FSI and TDR it […]
Tag: TDR
Development Rights taxable In Case Of Housing Societies
By Maharashtra Bureau Commissioner of Income Tax-18 Vs. Sambhaji Nagar Co-op. Hsg. Society Ltd., Income Tax Appeal No. 1356 of 2012 Introduction: In Mumbai, hundreds […]
Consideration for permission to use TDR / FSI not chargeable to tax: ITAT Mumbai
By Legal Bureau The assessee co-op housing society gave permission to a developer to construct 2 floors and 8 flats on the building belonging to […]
Additional FSI & TDR for societies
Vimal C. Punamiya, Chartered Accountant 1. Before understanding additional FSI and TDR it is a must to understand the concept of TDR. The Bombay Municipal […]