Taxation of development agreement in parity with stamp duty valuations

Taxation of development agreement is most complex issue in recent times because nowadays  stamp duty valuations of the development agreements are based on maximum potential FSI. The structure of the  development agreement and consideration involves two flows of consideration. 

source https://www.caclubindia.com/articles/taxation-development-agreement-in-parity-with-stamp-duty-valuations-45020.asp