Taxation of Real Estate Developers & Joint Development Arrangements with Accounting Aspects

Author:  Raj K. Agarwal, Rakesh Gupta

Year: 2025

About the Book:
This comprehensive and practical guide addresses the evolving taxation landscape of real estate development in India, particularly Joint Development Arrangements (JDAs). Authored by two seasoned professionals, the 8th edition is fully updated as per the Finance Act, 2025, and integrates complex legal, accounting, and compliance issues into a structured and accessible format.

It provides deep insights into the interpretation and practical application of key sections such as 45(5A), 50C, 43CA, 56(2)(x)(b), 23(5), and 80-IBA, and explores revenue recognition, ICDS, capital gains, accounting standards (AS-7, AS-9), and international standards (IFRS 15).

Key Features:

• Detailed tax treatment of JDAs from both developer and landowner perspectives

• Thorough analysis of Section 45(5A) and capital gains provisions

• Discussion on accounting standards and ICDS applicable to real estate

• In-depth coverage of deeming provisions under Sections 50C, 43CA, and 56(2)(x)(b)

• Includes landmark judicial precedents and real-life case studies

• Special chapter on affordable housing and Section 80-IBA

• Comprehensive revenue recognition models including Completed Contract Method, PoCM, IFRS & ICDS

Ideal For:

• Chartered Accountants, Company Secretaries & Legal Professionals

• Real Estate Developers, Builders & Landowners

• Tax Officials, Policymakers & Assessing Officers

• Law Students, Academicians & Researchers

• Litigating Counsels in tax and property law matters

Chapters Include:

1. Joint Development Arrangements for Real Estate

2. Tax Issues for Real Estate Developers

3. ICAI Guidance Notes & Accounting Standards

4. Revenue Recognition Under IFRS 15

5. ICDS and Construction Contracts

6. Tax Issues for Real Estate Owners

7. Analysis of Section 45(5A)

8. Capital vs Business Asset Classification

9. Transfer under Section 2(47), 50D and Agricultural Land

10. Section 50C, 43CA, 56(2)(x)(b), 23(5)

11. Affordable Housing & Section 80-IBA

12. Appendices on AS-7, AS-9, AS-27, ICDS, IFRIC, etc.

13. Case Law Digest

Tags:
#RealEstateTax #JDAs #Section45_5A #CapitalGains #AccountingStandards #AffordableHousing #ICDS #RealEstateLaw #FinanceAct2025 #TaxPlanning #IncomeTax #RajKAgarwal #RakeshGupta #9789364559836 #Taxmann

Caveat Legalis: Description based on available details—interpret with due diligence!