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JDA
JDA
Affordable housing is now the buzz word everywhere….It’s on the government agenda, builders are interested due to tax savings it offer, consumers are interested because of affordability, interest deductions,etc….The main thrust for affordable housing will be the taxation amendment introduced in the concept of Joint Development Agreement…
To be frank, my main intent is to deal with taxation aspect of Joint Development Agreement...Sea change has been brought in the way taxation of JDA’s will be done…
But for that first i have to discuss about the meaning of term JDA…..What is it...Who all are involved in JDA…..Why is it beneficial….etc..etc…
#What is Joint Development Agreement
JDA is an agreement between the owner of land and the builder to construct a property. It’s like a barter system...Where owner
