Taxmanns Taxation of Real Estate Developers & Joint Development Arrangements with Accounting Aspects [Finance Act 2025] Spec

This Book Is A Specialised Treatise Offering InDepth Guidance On The Taxation Of Real Estate Development Projects, Especially Those Undertaken Through Joint Development Arrangements (Jdas). It Addresses The Most Intricate Tax Scenarios Arising From Real Estate Transactions. Updated To Reflect Changes Introduced By The Finance Act 2025, This Book Extensively Covers Evolving IncomeTax Provisions, Accounting Aspects, And Judicial Precedents Related To Real Estate Developers, Landowners, And Other Stakeholders Involved In Jdas. The Text Serves As A OneStop Reference For Professionals Seeking Clarity On Complex Issues, Including Revenue Recognition, Capital Gains, Business Income, Icds, And The Newly Introduced/Amended Provisions Such As Section 45(5A), Section 50C, Section 43Ca, Section 56(2)(X)(B), Section 23(5), And Section 80Iba.This Book Is Intended For The Following Audience: Chartered Accountants, Company Secretaries, And Cost Accountants Professionals Requiring Detailed Guidance On Complex Tax And Accounting Treatment For Real Estate Jdas, Capital Asset Transactions, And Revenue Recognition Lawyers, Tax Advocates, And Legal Practitioners Experts Practising Before Income Tax Appellate Tribunals, High Courts, And The Supreme Court Of India Who Need A LegalCumPractical Viewpoint On Real Estate Taxation Real Estate Developers, Landowners, And Builders Stakeholders Seeking Clarity On Structuring Jdas, Deciding The Timing Of Tax Liability, And Adopting The Correct Method Of Revenue Recognition For Projects Tax Officials And Policy Makers Officers And Policymakers Aiming To Understand The Intricacies, Judicial Interpretations, And Practical Scenarios In Real Estate Taxation Academicians And Researchers Students, Lecturers, And Researchers Exploring The Complexities Of Real Estate Taxation, Especially In The Context Of New Legislative Amendments And Judicial Developmentsthe Present Publication Is The 8Th Edition | 2025, Amended By The Finance Act 2025. This Book Is Authored By Dr Raj K. Agarwal & Dr Rakesh Gupta With The Following Noteworthy Features: [Latest Amendments] Fully Updated To Include Changes Introduced By The Finance Act 2025 And Recent Judicial Pronouncements Impacting Real Estate Taxation [Authoritative Analysis] Authored By Two Highly Experienced Professionals With Decades Of Practical And Academic Exposure In Tax Law, Corporate Law, And Accounting [Practical Insights And Case Studies]O Discussion Of Practical Scenarios, Complex Transactions, And WideRanging Judicial Interpretationso References To Landmark Court Decisions (Itat, High Courts, Supreme Court) [Detailed Discussion On Section 45(5A)] Thorough Analysis Of Section 45(5A) Relating To Capital Gains In Jdas, Including Controversies And Unresolved Aspects [Coverage Of Deeming Provisions] Sections 43Ca, 50C, 56(2)(X)(B), 23(5) Are Thoroughly Analysed, With Insights Into How These Provisions Influence Real Estate Transactions And How To Handle Them [Accounting Nuances] Explains The Interplay Of Icds, Accounting Standards (As7, As9), Guidance Notes On Real Estate Transactions, And Ifrs 15 As They Apply To Revenue Recognition, Cost Allocation, And Profit Determination [Focus On Affordable Housing] A Dedicated Chapter On Section 80Iba Detailing The Conditions And Benefits Of Claiming Deductions For Affordable Housing Projects [Comprehensive Structure] A Logical ChapterWise Approach Addressing Issues For Both Developers And LandownersFrom Fundamental Principles To Advanced Topics Like Capital Vs. Business Assets, Tdr, And Breakdowns Of Jdasthe Coverage Of The Book Is As Follows: Chapter 1 Joint Development Arrangement For Real Estateo Nature Of Jdas, Different Forms, Key Factors In Drafting Agreements, Significant IncomeTax Issues From Both OwnerS And DeveloperS Perspectives Chapter 2 Tax Issues For Real Estate Developerso Detailed Discussion On Revenue Recognition Methods (Completed Contract Method Vs. Percentage Of Completion Method), Judicial Controversies, Inventory Valuation, Taxability Of Rental Income From StockInTrade, And More Chapters 3 & 4 History And Analysis Of Guidance Notes & Accounting Standardso Evolution Of As7, As9, And Icai Guidance Notes, Plus The Intricacies In Applying These To Real Estate Transactions Chapter 5 Revenue Recognition Under Ifrso Examination Of Ifric 15 And Ifrs 15 Frameworks For Real Estate Developers, Including Global Best Practices Chapter 6 Impact Of Income Computation & Disclosure Standards (Icds)O How Icds Iii (Construction Contracts) And Icds Iv (Revenue Recognition) Affect Computations For Real Estate Developers In Tax Returns Chapter 7 Tax Issues For Real Estate Ownerso Differentiating Capital Vs Business Assets, Year Of Transfer, Capital Gains Computation, Analysis Of Newly Introduced Section 45(5A) Chapters 8 To 13 Specific Provisions & Topicso Extensive Review Of Capital Vs Business Asset Classification, Section 45(2) On The Conversion Of Capit