Thursday, December 19, 2019

Flat purchasers would have locus to demand interest from assignee promoter under deed of assignment: HC

COMPANY LAW/RERA: Where Deed of Assignment clearly provided that assignee promoter had agreed to accept all encumberances created by erstwhile promoter arising out of Development Agreement with housing society/flat purchasers, flat purchasers had locus to demand interest from assignee promoter under Deed of Assignment

from www.taxmann.com Latest Case Laws https://ift.tt/2Q1ayz2

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

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