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Tag: TDR

Applicability of Chapter XXC of Income Tax to Housing Society, Additional FSI & TDR

March 15, 2020 admin Leave a comment

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 is a must to understand […]

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Development Rights taxable In Case Of Housing Societies

July 17, 2018 admin Leave a comment

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 of Co-operative Housing Societies are functioning […]

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Consideration for permission to use TDR / FSI not chargeable to tax: ITAT Mumbai

June 25, 2015 admin Leave a comment

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 the society by using the […]

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Additional FSI & TDR for societies

September 2, 2009 admin 10 comments

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 Corporation (BMC) entrusted with the […]

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