https://www.taxtmi.com/news?id=573 The central question is whether tripartite agreements qualify as works contract: Raheja held that agreements entered before completion, where construction is carried out for and on behalf of the purchaser, remain works contracts despite developer lien or termination rights; if the unit is retained on termination or the agreement is post construction, works contract character ceases. A later bench questioned Raheja's breadth, found classifying tripartite agreements as works contracts prima facie problematic and referred the matter to a larger bench. en-us Sun, 14 Sep 2008 22:21:50 +0530 Sun, 14 Sep 2008 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=573 The central question is whether tripartite agreements qualify as works contract: Raheja held that agreements entered before completion, where construction is carried out for and on behalf of the purchaser, remain works contracts despite developer lien or termination rights; if the unit is retained on termination or the agreement is post construction, works contract character ceases. A later bench questioned Raheja's breadth, found classifying tripartite agreements as works contracts prima facie problematic and referred the matter to a larger bench. News - Sun, 14 Sep 2008 22:21:50 +0530 https://www.taxtmi.com/news?id=573