Taxation of Real Estate Developers and Joint Development Arrangements with Accounting Aspects

Taxation of Real Estate Developers & Joint Development Arrangements with Accounting Aspects is one of the most authoritative and exhaustive treatises available on the taxation of real estate transactions in India, with a specialist focus on joint development arrangements (JDAs)—a structuring mechanism whose tax treatment remains among the most contested and evolving areas of income tax law. The book is uniquely significant for the current year, as it also integrates the provisions of the new Income-tax Act 2025 (effective from 1^st April 2026 for Tax Year 2026-27) alongside corresponding cross-references to the Income-tax Act 1961. This dual-statute mapping—spanning every substantive section discussed—makes it an indispensable reference during the transition to the recodified statute.

The authors, both practising for over four decades and each holding fellowship of ICAI, ICSI, and associateship of ICAI (Cost), bring an uncommon combination of professional practice depth, appellate tribunal experience, and academic rigour to a subject that straddles income tax, accounting standards, and commercial law. The book addresses the tax positions of two of the three principal stakeholders in a JDA—the land owner and the developer—with the accounting dimension treated not as an appendix but as an integral analytical layer woven throughout.