https://www.taxtmi.com/notifications?id=133465 Grants exemption for services by way of transfer of development rights or FSI and upfront amounts for long term leases used for construction of residential apartments, calculated pro rata by (carpet area of residential apartments / total carpet area of residential and commercial apartments). Promoters must pay tax on the proportion attributable to apartments un booked by completion or first occupation, with liability arising on completion or first occupation. Deemed valuation rules for TDR/FSI and un booked apartments and definitions for apartment, promoter, project, RREP, carpet area and FSI are specified. en-us Fri, 29 Mar 2019 00:00:00 +0530 Wed, 08 Jul 2020 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133465 Grants exemption for services by way of transfer of development rights or FSI and upfront amounts for long term leases used for construction of residential apartments, calculated pro rata by (carpet area of residential apartments / total carpet area of residential and commercial apartments). Promoters must pay tax on the proportion attributable to apartments un booked by completion or first occupation, with liability arising on completion or first occupation. Deemed valuation rules for TDR/FSI and un booked apartments and definitions for apartment, promoter, project, RREP, carpet area and FSI are specified. Notifications GST - States Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133465