CA. Naresh Jakhotia

TAX TALK-27.03.2017-THE HITAVADA TAX TALK CA. NARESH JAKHOTIA Chartered Accountant Promoting affordable housing scheme by tax sops to builders & developers Recent amendment proposed in the Finance Bill 2017 in section 80IBA would further boost the affordable housing scheme. Query 1] There is a scheme which gives full tax benefit to the promoter of affordable housing scheme. Whether the exemption is not available if the more than one flat is sold to other members in the family like wife, son, daughter, father, brother etc? There are some changes in the budget in the last week. What are the changes? If the project is not sold within 2-3 years then how the exemption can be claimed? Whether the exemption would be available if the flat is sold after say 8 years? I have read that more than one building cannot be completed for getting the tax benefit. Is it true? Whether the ownership of plot of the developer is necessary or...

Require two full time Chartered Accountants with minimum experience of 2 years,  interested in practice & for long term association, to take care of their internal audit & GST division at Nagpur. Package no bar. Interested candidates may forward the resume at nareshjakhotia@gmail.com