ACCOUNTING & TAXATION Real Estate Services – ITC Reversal GST structure on Real Estate Services relating to residential and commercial apartments has drastically changed w.e.f. 01.04.2019. The nature of Real Estate services is different from normal supply of services. For example, A builder intend to construct a complex or building and sale it to a buyer. It is Read More →

GST & Indian Economy

ACCOUNTING & TAXATION GST & Indian Economy The growth of Indian economy & growth in collection of GST both are positively correlated to each other. Goods and Services Tax is defined as the giant indirect tax structure designed to support and enhance the economic growth of a country. GST is consumption-based tax and therefore, it Read More →


ACCOUNTING & TAXATION Exemption under Section 54 and Section 54F There is always a doubt and confusion in the industry among professionals as well as tax payers regarding availment of exemption under section 54 and 54F against capital gains. Whether investment is allowed to be made only in one residential property or more than one Read More →