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a realistic project developed as per joint development agreement is different from other normal transactions of purchase and sale of goods so the tax implications also differ but dont worry by the end of this video youll be crystal clear on the specific tax implications that you need to be mindful of hello and welcome im maishri from cleo where we have assisted more than 80 000 tax experts and 6 million tax filers do subscribe to support us and to get a clear explanation of finance concepts so lets start with what is a joint development agreement that is jda joint development agreements are very common in the real estate sector in india in this arrangement the landlord would provide the land and the entire responsibility of carrying out the development of the property will lie with the developers the landlord can either ask for a specific share in the sales revenue under what is known as a revenue sharing joint development agreement or claim a certain portion of the developed area
