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Archive: 23 January 2024

Posts in 23 January 2024

ITAT Allows Section 80-IAB Deduction for Car Parking, Health Club, Food Court & Interest Income

January 23, 2024 954 Views 0 comment Print

ITAT’s decision favored Candor Kolkata One Hi-Tech Structures, allowing deductions under Section 80-IAB for on various incomes, including car parking, health club, food court, and interest.

Corpus Fund for Homebuyers’ Apartment Maintenance Not a Financial Debt: NCLT Hyderabad

January 23, 2024 2964 Views 0 comment Print

NCLT Hyderabad rules Corpus Fund for homebuyers’ maintenance is not a financial debt under IBC. Analysis of Vasathi Anandi Owners Welfare Association vs. Vasathi Housing Ltd.

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