Infosys Ltd. Vs DCIT (ITAT Bangalore) This stay petition is filed by the assessee seeking extension of stay granted by the Tribunal in SP No.83/Bang/2021 dated 29.10.2021 against the outstanding demand of Rs.1029,20,96,950 for the assessment year 2012-13. 2. The ld. AR submitted that the extension of stay was earlier granted by the Tribunal in […]
Canara Housing Development Company Vs DCIT (ITAT Bangalore) ITAT held that advances given for purchase of land in the normal course of business of carrying on real estate development, if not recoverable could be allowed as either trading loss u/s 28 of the Act or as expenditure u/s 37 of the Act. In fact, the […]
Analysis of Guj HC decision on GST forced land deduction in construction service. Understand the impact & legality of 1/3rd land deduction in Real estate transactions.
Delhi HC reviews GST Act conditions for bail in Amit Gupta vs. Directorate case. Focus on ITC availing, reversal, and compliance with bail terms.
Learn the step-by-step procedure for altering share capital in a company. Follow the Companies Act, 2013 guidelines for a smooth process.
Interest income on FDR which was earned out of the funds placed with the bank by utilizing the bank overdraft limit was to be considered as business income and not as income from other sources.
Arrest Warrant by RERA against Ansal directors for not refunding to homebuyer Real Estate Regulatory Authority (RERA) has ordered for the issuance of Arrest Warrant against the directors of Ansal Housing Limited for noncompliance of an earlier order to refund to Homebuyers. RERA has ordered Ansal Housing Director’s to pay Rs. 5 Crores along with […]
Understand the implications of GST on BOT projects. Learn about the tax challenges faced by firms investing in infrastructure projects under the PPP system.
Central Government hereby makes the following rules further to amend the Central Waqf Council Rules, 1998, namely Central Waqf Council (Amendment) Rules, 2022.
Reserve Bank of India, hereby declares that the provisions of sub-section (1) of section 15 of the said Act shall not apply to a banking company for a period upto 31st March, 2026, in so far as it relates to the treatment of unamortised expenditure on account of enhancement in family pension as set out in the Reserve Bank of India circular
