Real Estate
Industry Urges GST Overhaul: Integrating Key Sectors to Expand Tax Base and Reduce Rates
Industry associations have formally petitioned the Finance Minister and CBIC to initiate a comprehensive review of the GST framework, aiming to broaden the tax base by including petroleum products, electricity, and real estate under the indirect tax net.
Real Estate
GCCI Submits Comprehensive GST Reform Proposals to Goa CM Before Council Meeting
The Goa Chamber of Commerce & Industry (GCCI) has presented a detailed memorandum to Chief Minister Dr. Pramod Sawant, outlining key GST reform recommendations to simplify compliance and boost various sectors including tourism, exports, IT, and real estate.
Real Estate
Mastering JDA Transactions in Real Estate: A Comprehensive Live Session
Join CA Vishal G Poddar for a detailed live session on JDA Transactions in Real Estate. Enroll now for ₹499 and get 30 days of recording access along with an E-Certificate.
Real Estate
Supreme Court Upholds ITC for Leased Properties in Safari Retreats Case
The Supreme Court of India has dismissed a review petition filed by the Chief Commissioner of CGST, reaffirming the earlier ruling that Input Tax Credit (ITC) is eligible for properties leased under GST. This decision has significant implications for the real estate and leasing sectors.
Real Estate
Solapur Lawyer Arrested for ₹100 Crore Fake GST ITC and Shell Companies Scam
The Directorate General of GST Intelligence (DGGI) has arrested a practicing lawyer, Sajid Ahmed Sheikh, in Solapur for orchestrating a ₹100 crore fake GST invoice scam. The investigation has uncovered a network of 30 shell companies and is expanding to include more suspects.
Real Estate Mumbai
Solapur Lawyer Arrested in ₹100 Crore Fake GST Invoice Scam
The Directorate General of GST Intelligence (DGGI) has apprehended a Solapur-based lawyer for operating a massive ₹100 crore fake GST invoice racket. The accused, Sajid Ahmed Sheikh, created a network of 30 shell companies using forged documents to claim fraudulent input tax credits (ITC).