https://www.taxtmi.com/caselaws?id=398425 The Authority ruled that for the sale of residential/commercial property with undivided rights of land, the value of supply must adhere to the notification's provision, deducting one third of the land value. The actual cost of land cannot be deducted in construction projects where land value is ascertainable, as the deeming provision mandates the deduction of one third of the total amount charged for the supply. en-us Thu, 02 Jul 2020 00:00:00 +0530 Thu, 19 Nov 2020 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398425 The Authority ruled that for the sale of residential/commercial property with undivided rights of land, the value of supply must adhere to the notification's provision, deducting one third of the land value. The actual cost of land cannot be deducted in construction projects where land value is ascertainable, as the deeming provision mandates the deduction of one third of the total amount charged for the supply. Case-Laws GST Thu, 02 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398425