CCI drops Anti-Profiteering proceedings against New World Realty LLP

Director General of Anti-Profiteering vs New World Realty LLP (CCI) The DGAP launched an investigation based on the National Anti-Profiteering Authority (NAA)’s direction to examine potential profiteering by New World Realty LLP in projects beyond the Tinsel Town project. The DGAP’s report noted that the NAA had already determined the amount of ITC not passed on to recipients during a specific period. The investigation covered a span of five years, and it emerged that New World Realty LLP had only undertaken the Tinsel Town project during this period, which the DGAP confirmed by ex...