Discover effective techniques to save tax on Capital Gains from the sale of Shares or Mutual Funds. Maximize your investment returns with smart tax planning strategies.
Units Booked/Sold before obtaining registration of Alteration in Project violates Section 3 of The Real Estate Regulation & Development Act, 2016 (RERA, 2016)? Introduction After the enactment of the RERA Act, approximately 10,000 Projects have been registered with GUJ RERA Authority. The Authorities are endeavouring their best to maintain the balance of equality, transparency and […]
This is not the first time wherein GUJ RERA has given an opportunity to the defaulting promoter to opt for the VCS scheme. Various VCS scheme has been notified by GUJ RERA giving remedy to the Promoters. All the defaulting promoter shall take note of the VCS scheme as various suo-moto order has been passed GUJ RERA for non-compliance of Quarterly return and a penalty as high as Rs 1,25,000/- has been charged.
Whether any remedy available to the Promoter for units booked/sold after enactment of RERA Act till 30.11.2017? Introduction As per RERA Regulations, registration is required to be obtained before advertising, marketing, booking, selling or inviting persons to purchase units of the Proposed or ongoing project. Guj RERA, after the enactment of the Act, had issued […]
How much penalty you may have to pay if you are unaware of the Provisions of Applicability of RERA Registration? Introduction Real Regulation and Development Act, 2016 applies to a Promoter if the area of land proposed to be developed does exceed five hundred square meters or the number of apartments proposed to be developed […]
Whether the Project intended to given for Lease hold or free hold requires RERA registration ? – Penalty Charged by GUJ RERA Introduction It’s a known fact that RERA registration is applicable for the Projects if the area of land proposed to be developed does exceeds five hundred square meters or the number of apartments […]
GST Department has made it’s stand crystal clear that a tax payer has to strictly comply with provisions of Section 16(2)(c) of CGST Act, 2017 and GST Portal itself will ensure that such ITC is reflected as ITC not available to tax payers.
This article covers the history of amendments in Section 9(4), the issues arising out such amendments. The action taken by GST Department for violation of Section 9(4) and the remedy available to taxpayers to safeguard their interest. We will also prove that though Section 9(4) was deferred and suspended by yet the taxpayer may not be completely relived from the implication of Section 9(4).
Practical Guide to avail the benefit of Amnesty Scheme 2021 When with the force of nature, the humanity is compelled to stand at the departure lounge of god’s airport and when each of individual are going through the phase of emotional stress – many of them are out to help others including the relief measures […]