YK Associates (25 Points)
09 February 2025My Client is in process to Purchase a Commercial Office Space from Mr. X, partner in a Firm. Mr. X is selling the commerical Office as Individual and not as Partner in firm.
Mr. X was existing member in the building and the Property was redeveloped by Mr. X, wherein he is the partner in the firm.
What will be GST rate & TDS rate for Commercial Office considering my client point of view.
Kindly advise
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6386 Points)
Replied 09 February 2025
2. *Property Redevelopment*: The property was redeveloped by the firm, where Mr. X is a partner.
However, there's an important consideration: -
To qualify for this exemption, certain conditions must be met. It's essential to consult with
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
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