JDA taxation · GST on projects · RERA compliance
Real estate and construction carry some of the most technically involved tax questions in professional practice, and we handle them as a dedicated specialism rather than an occasional engagement. Our JDA and land development agreement work structures the tax position for both landowners and developers in Joint Development Agreements — specifically the capital gains timing question for the landowner and the GST/RCM treatment of TDR and FSI for the developer, which the two sides need to get equally right for the arrangement to hold up. Our GST on under-construction properties and works contracts practice navigates the land-value deduction, ITC restrictions, and valuation rules specific to real estate transactions.
We also handle RERA account compliance and audit — the escrow and reporting obligations RERA imposes on developers, tracked project-wise rather than at the entity level — alongside capital gains planning for landowners entering into development arrangements. And because real estate projects are capital-intensive by nature, our project finance and CMA data preparation work supports the bank financing that gets projects from land acquisition to completion.
Project accounting itself is its own discipline here: percentage-of-completion recognition, phase-wise revenue booking, and TDS compliance on property transactions above the notified threshold all need to be tracked at the project level, not the entity level, or the numbers stop meaning anything to a lender or regulator reviewing them.