MEANING OF NOTIONAL RENT AND TAX IMPLICATIONS FOR REAL ESTATE DEVELOPERS: KEY INSIGHTS FOR VALUATION PROFESSIONALS
NOTIONAL RENT AND TAX IMPLICATIONS FOR REAL ESTATE DEVELOPERS KEY INSIGHTS FOR VALUATION PROFESSIONALS By Er. Sundeep Bansal, Council of Engineers and Valuers (CEV) Legal & Valuation Desk Introduction The concept of notional rent—also known as deemed rental income—has significant tax implications for property owners, including real estate developers, in India. While the general principle […]