#immovable property
Log in to FollowLatest immovable property updates, legal developments, compliance requirements, case laws, notifications and expert analysis for professionals on TaxGuru.
Purchase of Immovable Property in India by Persons of Indian Origin (PIOs) – Amendment of the definition

If a trust fulfills all conditions of section 12A/12AA, registration cannot be denied on ground that some conditions of section 11 and 12 not fulfilled

Information on Assets declared by public servant can be given under Right to Information (RTI) Act

Tax on Rent Income forming Part of complex commercial activity

Burden to prove the genuineness of the gift is on the Assessee

Appeal to simplify and speedup procedure for approval u/s. 22 of Bombay Public Trust Act, 1950

Tenant given power to select own builder in case of redevelopment

Even capital profits have to be added to “book profits” for S.115JB

Real Estate Transactions and Important VAT provisions
![Taxability of gift as Income from Other Sources u/s. 56 [2][vii]](https://taxguru.in/wp-content/uploads/2026/07/Income-Tax-1.jpg)
Taxability of gift as Income from Other Sources u/s. 56 [2][vii]

Important Issues – Real Estate Transactions under VAT

Section 56(2) Deemed Gifts & transfer of movable & immovable property

Opinion – Levy of VAT on Transfer of Assets

Can karta of HUF sell ancestral immovable property with out the consent of other members, Right and relief to buyer?
Explore the latest immovable property updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
