Begin typing your search above and press return to search.
![Persistent Non‑Performance and Expired Permits Show Insolvency Beyond Mere Delay: NCLT Admits Homebuyers Petition u/s 7 [Read Order]](https://images.taxscan.in/h-upload/2026/01/15/500x300_2119934-persistent-nonperformance-and-expired-permits-show-insolvency-beyond-mere-delay-nclt-admits-homebuyers-petition-us-7-taxscan.webp "Persistent Non‑Performance and Expired Permits Show Insolvency Beyond Mere Delay: NCLT Admits Homebuyers Petition u/s 7 [Read Order]")
Persistent Non‑Performance and Expired Permits Show Insolvency Beyond Mere Delay: NCLT Admits Homebuyers Petition u/s 7 [Read Order]
The National Company Law Tribunal (NCLT) Cochin Bench has admitted the insolvency petition against a company submitted by homebuyers, holding that...
![CBDT Grants Income Tax Exemption to Rajasthan RERA on Govt. Grants, Loans, Fees, Penalties and Interest [Read Notification]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2089963-income-tax-exemption-income-share-transactions-undisclosed-income-income-tax-itat-taxscan.webp "CBDT Grants Income Tax Exemption to Rajasthan RERA on Govt. Grants, Loans, Fees, Penalties and Interest [Read Notification]")
![CBDT grants Income Tax Exemption to 4 Govt Bodies u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Income-tax-Act-Income-tax-Act-1961-CBDT-income-tax-government-bodies-TAXSCAN.jpg "CBDT grants Income Tax Exemption to 4 Govt Bodies u/s 10(46) [Read Notification]")
CBIC issues Clarifications on GST Applicability on Certain Services as per Council Recommendations [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued clarifications regarding the applicability of Goods and Services Tax (GST) on certain services, as per the recommendations made...
![CBIC issues Clarifications on GST Applicability on Certain Services as per Council Recommendations [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/07/Cbic-cbic-news-gst-gst-news-goods-and-services-tax-Central-Board-of-Indirect-Taxes-and-Customs-gst-applicability-clarification-on-gst-council-council-recommendation-taxscan.jpg "CBIC issues Clarifications on GST Applicability on Certain Services as per Council Recommendations [Read Circular]")
5% Effective GST applicable after 1/3 Deduction on Sale of Land and Duplex Construction, No ITC Eligible: Odisha AAR [Read Order]
The Odisha Authority for Advance Ruling ( AAR ) ruled that sale of land and duplex construction on same land executing two separate agreements attracts an effective rate of 5% Goods and Services Tax...
![5% Effective GST applicable after 1/3 Deduction on Sale of Land and Duplex Construction, No ITC Eligible: Odisha AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/sale-of-duplex-construction-Duplex-construction-GST-GST-on-land-sale-Odisha-property-tax-taxscan.jpg "5% Effective GST applicable after 1/3 Deduction on Sale of Land and Duplex Construction, No ITC Eligible: Odisha AAR [Read Order]")
ITAT upholds Section 54 Deduction as Handing Over of Possession was delayed due to Builder’s Fault, Assessee fulfilled all Statutory Requirements [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has upheld section 54 deduction as handing over of possession was delayed due to builder’s fault and assessee fulfilled all statutory...
![ITAT upholds Section 54 Deduction as Handing Over of Possession was delayed due to Builder’s Fault, Assessee fulfilled all Statutory Requirements [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/section-54-of-the-Income-Tax-Act-itat.jpg "ITAT upholds Section 54 Deduction as Handing Over of Possession was delayed due to Builder’s Fault, Assessee fulfilled all Statutory Requirements [Read Order]")
