Thursday, August 9, 2018

Provisions of RERA would apply to long term lease agreements: Bombay HC

RERA : Where appellants were developing a Township Project which was registered under RERA, appellant had invited upon itself applicability of provisions of RERA as appellant was also fully aware that whatever 'Agreements' were executed by it with allottees for apartments in said project for lease period 999 years were in nature of sale though they were titled as 'Agreements of Lease' and, therefore, case definitely fell within jurisdiction of RERA and complaints filed by allottees u/s 18 were m

from www.taxmann.com Latest Case Laws https://ift.tt/2AXRPQA

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...