Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartment

Back in 2010, a Mumbai-based builder started promoting his new housing project in Kurla-Andheri Road. Fast forward to around ...
Tax Guru

Precision in Penalty: Why Misreporting Must Be Pinpointed Under Section 270A

Section 270A penalties must specify the exact misreporting clause. Vague notices invalidate penalties and can restore ...

Rs 1.5 crore tax refund withheld by Income Tax Dept due to mismatch between ITR and Form 26AS; taxpayer files case, wins in High Court

The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...

Everyday savings account moves that can trigger I-T attention

A savings account is not just where your salary lands and bills get paid; it’s the clearest trail of your money habits. Banks ...

Integra Resources: Leveraging 1600 RC Drilling And Surging Gold Prices

Integra (ITRG) is rated a buy, with cost-saving mining methods, major revenue growth, and strong gold market potential. Read ...
Tax Guru

ITAT Delhi Deletes 25% “Bogus Sales” Disallowance; Section 37 Not Applicable to Sales

ITAT Delhi held that sales made to Jyoti Products were genuine, supported by ledgers and invoices. The 25% disallowance by the AO under Section 37 was deleted, as Section 37 applies only to business ...