Tuesday, November 16, 2021

Condition of pre-deposit on promoters for filing of appeals under u/s 43(5) of RERA is not discriminatory: SC

COMPANY LAW/RERA: From scheme of Real Estate (Regulation and Development) Act, 2016, its application is retroactive in character and it can safely be observed that projects already completed or to which completion certificate has been granted are not under its fold and therefore, vested or accrued rights, if any, in no manner are affected. However, all ongoing projects that commence prior to Act 2016 and in respect to which completion certificate has not been issued are covered under Act, 2016

from www.taxmann.com Latest Case Laws https://ift.tt/3HjKfxI

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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...