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Real estate players facing yet another daunting task amidst changing accounting regime!

October 14, 2019[2019] 110 taxmann.com 183 (Article)
The Real Estate sector has been going through a rollercoaster ride in the recent past amid the vexed consumer sentiments, sluggish demand and cost appreciation on one side and the surging regulator focus from the other side. Whilst the realtors were already grappling with the compliances mandated under the RERA[ Real Estate (Regulation and Development) Act, 2016] regime, the paradigm change with the introduction of the Indian Accounting Standards (IND-AS) has brought them to another crossroads e
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