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Income Tax Department conducts searches in Kolkata

Income Tax Department conducts searches in Kolkata

Taxscan Team
CBI - Chargesheet - Chartered Accountant - Alleged Loss - Bank - Taxscan

CBI files Chargesheet against 24 Accused including Chartered Accountant for Causing an Alleged Loss...

Taxscan Team
CBDT notifies Income Tax Exemption to Goa and Telangana State RERA [Read Notification]

CBDT notifies Income Tax Exemption to Goa and Telangana State RERA [Read Notification]

Taxscan Team
ITAT directs CIT(A) to re-consider CREDAI’s set off Claim against Income from Real Estate Exhibition [Read Order]

ITAT directs CIT(A) to re-consider CREDAI’s set off Claim against Income from Real Estate Exhibition...

Taxscan Team

Govt. extends Registration and Completion Date of Real Estate Projects under RERA

The Central Government has extended the Registration and Completion Date of Real Estate Projects under RERA. The Finance Minister said that Adverse impact due to COVID-19 and projects stand the risk...

RERA - Real Estate - Registration - Taxscan
Taxscan Team

Interest Received by Builder on Temperary Deposits from Purchasers constitute Business Incomes: ITAT allows Deduction

The ITAT Mumbai held that interest received by the property developer, on temporary deposits of surplus money out of advances received by from intending purchases was business incomes and not income...

Interest Received by Builder on Temperary Deposits from Purchasers constitute Business Incomes: ITAT allows Deduction
Taxscan Team

Income Tax Dept. conducts Search on a prominent Real Estate Group in Mumbai

The Income Tax Department conducted Search and Seizure operation on 29.07.2019 on a prominent group involved in Real Estate Development, covering more than 40 premises across Mumbai and Pune.  During...

Income Tax Dept. conducts Search on a prominent Real Estate Group in Mumbai
Taxscan Team

12% GST applicable on Dues If Completion Certificate was issued by 31st March, says CBIC

12 percent GST would be applicable on balance amount due to the builder if the housing project has been granted completion certificate by March 31, 2019, The Central Board of Indirect Taxes and...

12% GST applicable on Dues If Completion Certificate was issued by 31st March, says CBIC
Taxscan Team

GST Council extends Due Dates for Realty Firms to opt for New Tax Rates

The Goods and Services Tax ( GST ) Council has extended the due dates for the realty firms to opt for opting for the new tax rates applicable to them from 1st April 2019. “The date for exercising the...

GST Council extends Due Dates for Realty Firms to opt for New Tax Rates
Taxscan Team

GST Council Meeting today to declare Relief to Real Estate Sector

The most powerful GST Council will meet today to announce relief to the real estate sector and to declare a uniform tax rate on the lottery. Last week, the Group of Ministers headed by Gujarat deputy...

GST Council Meeting today to declare Relief to Real Estate Sector
Taxscan Team

Govt. constitutes 7-Member Group of Ministers for boosting the Real Estate Sector under GST

In pursuance of decision in the 32nd Meeting of GST Council held on 10th January, 2019 at New Delhi, a Group of Ministers (GoM) for boosting the Real Estate Sector under the GST regime has been...

Govt. constitutes 7-Member Group of Ministers for boosting the Real Estate Sector under GST
Taxscan Team

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