Explains when home-loan interest can be added to the cost of acquisition and how the AY 2024-25 amendment blocks double benefits. Key takeaway: unclaimed pre-construction interest may still matter for earlier years.
Delhi GST allows taxpayers to correct past ITC denials caused solely by Section 16(4) time limits, applying Section 16(5)/(6) via a special rectification procedure.
Parliament abolished compulsory probate to eliminate delays and costs, allowing heirs to enforce wills without mandatory court proceedings.
Explains why statements recorded during investigative summons carry evidentiary value and how careful handling can prevent escalation into prosecution.
The new regulation allows possession of completed real estate units during insolvency, offering timely relief to compliant homebuyers without breaching the moratorium.
This article explains how NCDs offer fixed-return debt without dilution, while CCDs convert into equity, impacting ownership and long-term strategy.
The initiative addresses delays in affordable and mid-income housing by funding only project completion, not developer bailouts. It demonstrates how structured, milestone-based financing can protect homebuyers and restore confidence in stressed real estate projects.
The shift to system-driven GST compliance has made spreadsheet-based ITC reconciliation ineffective, pushing businesses toward automation for accuracy and early mismatch detection.
The case highlights how young entrepreneurs are choosing direct selling for time flexibility and digital-first operations. It shows how platform-based models enable income alongside education or employment.
The key takeaway is that adjudication by the same officer who conducted the audit violates natural justice and is barred by CBIC’s mandatory separation of functions.
