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🏠 Real Estate Agent (Individual)

GST, Tax & Compliance for Real Estate Agent (Individual) in India

RERA agent license mandatory. 18% GST on brokerage. High income months (April-June, Oct-Dec) advance tax planning needed.

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Real Estate Agent (Individual) Ke Liye GST & Tax Summary

GST Applicable?
✅ Yes — 18%
Real estate brokerage 18% GST.
Income Tax
44ADA eligible. High variable income.
Mandatory Compliance
✅ RERA agent license ✅ GST monthly ✅ Income Tax ITR

GST Guide for Real Estate Agent (Individual)

📋 GST Rate: 18% | Threshold: ₹20L (services)

GST registration mandatory ho jaata hai jab Real Estate Agent (Individual) ka annual turnover ₹20 lakh cross kare. Real estate brokerage 18% GST.

  • Monthly GSTR-3B filing (20th of following month)
  • GSTR-1 outward supply details (11th of month)
  • Annual GSTR-9 (December 31)

Income Tax for Real Estate Agent (Individual)

44ADA eligible. High variable income.

💡 Section 44ADA Benefit: Real Estate Agent (Individual) Section 44ADA ke under eligible professional hai. Matlab: gross receipts ka sirf 50% taxable income mana jaata hai — remaining 50% automatically deemed expenses.
SB
Adv Sandeep Bangarwa
Ba LLB, Tax Consultant
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