TMI BlogApplicability of Transfer of Unconstructed BuildingX X X X Extracts X X X X X X X X Extracts X X X X ..... An assessee has carried out a Joint Development agreement for construction of a building. The assessee has partially constructed the Building and is out of Money and so decides to sale the project to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... another another Builder. A triparti agreement is made between Landower, the assessee and the other Builder. 1. What will be the GST implication on transfer of under-constructed building by the Asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee to the other Builder. 2. Can we claim exemption as (Transfer of business as going Concern). - Reply By Shilpi Jain - The Reply = This would require further facts and analysis to conclude. - R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Shilpi Jain - The Reply = For exemption as going concern transfer it is necessary that all the assets and liabilities that are required for continuing the business are transferred for a lumps ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... um consideration,. - Applicability of Transfer of Unconstructed Building - Query Started By: - Punit Agarwal Dated:- 9-7-2021 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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