T.D.S Desk
As per Govt. notification, when a buyer buys immovable property (i.e. a building or part of a building or any land other than agricultural land) costing more than Rs. 50 lakhs, he has to deduct TDS when he pays to the seller, as laid down in Section 194-1A of the Income Tax Act. Click here for more details.
RERA Desk
Financial Details: Latest Audit Financial Report
Dwelling Units Details: (i) Type IIA-30 & Type IIB-24 (ii) IIIA-12 & Type IIIB-48 (iii) IVA-32 & Type IVB-15.
G.S.T Desk
GST OPTION FOR ON-GOING PROJECTS
GST rates on residential projects have been amended with effect from 01-04-2019. Old rate prior to 01-04-2019: GST 12% with ITC allowed. New rate from 01-04-2019: 1% on affordable and 5% on others, ITC not allowed.
IRWO decided to remain in the old GST regime for on-going projects as per detailed analysis.