HOW TO OPT NEW TAX RATES FOR ONGOING REAL ESTATE PROJECTS

12 factors to opt for new Tax Rates for ongoing Real Estate Projects?

• Project REP or RREP for all project?
• Future plans for new projects?
• Total Project wise Input Tax from 1.7.2017 till 31.3.2019?
• No of apartments under each project?
• Size of Apartments as per carpet area?
• Total Value of each apartments?
• Total Apartments booked till 31.3.2019?
• % invoicing for booked apartments?
• % receipts for invoicing make for booked apartments?
• % completion as on 31.3.2019?
• No. of commercial apartments?
• Size of Commercial Apartment according to Carpet area?

Authored by

CA Sanjay Kumar Agrawal

Disclaimer: Anything written in this document is the personal understanding of the author. The author shall not be responsible for any of the decision made based on the contents of this document.