{"id":24204,"date":"2022-01-22T20:44:16","date_gmt":"2022-01-22T15:14:16","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=24204"},"modified":"2022-01-29T19:36:55","modified_gmt":"2022-01-29T14:06:55","slug":"implication-under-gst-constructed-area-received-by-retiring-partner","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/implication-under-gst-constructed-area-received-by-retiring-partner\/","title":{"rendered":"Implication under GST constructed area received by Retiring partner"},"content":{"rendered":"<p>Assessee is partnership having 4 partner engaged in the business of construction of housing project. Two partners express their desire to retire from partnership.\u00a0 As a consideration on retirement they are going to received constructed area in the housing project with in next 4 years which includes residential as well as commercial units. What is tax implication under GST act of this transcation . Who is liable to.pay gst and when.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[340],"qa_category":[69],"qa_tag":[488,192,487],"class_list":["post-24204","qa","type-qa","status-publish","hentry","qa_expert-advocate-c-b-thakar","qa_category-gst","qa_tag-constructed-area","qa_tag-gst","qa_tag-retiring-partner"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/24204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24204"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24204"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=24204"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=24204"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=24204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}