Real Estate
Haryana Real Estate Regulatory Authority Gains Income Tax Exemption
The Central Government has granted income tax exemption to the Haryana Real Estate Regulatory Authority (HRERA) under Section 10(46) of the Income Tax Act, 1961. This exemption recognizes HRERA's role as a regulatory body rather than a commercial entity.
Real Estate
CBDT Grants Income Tax Exemption to Haryana RERA Under Section 10(46)
The Central Board of Direct Taxes (CBDT) has granted income tax exemption to the Haryana Real Estate Regulatory Authority (HRERA) under Section 10(46) of the Income-tax Act, 1961. This exemption is aimed at supporting the regulatory body in its mission to ensure transparency and accountability in the real estate sector.
Real Estate Mumbai
Husband and Wife Duo Triumphs in Rs 1.3 Crore LTCG Tax Exemption Case
A husband and wife duo from Mumbai successfully won a Rs 1.3 crore long-term capital gains tax exemption case under Section 54 after purchasing a new property in joint names. Discover the key details and implications of this landmark decision.
real estate news
Selling Your Flat for a New One? New Flat Exempt from Income Tax, Mumbai Tribunal Rules
If you're planning to sell your old flat and buy a new one, you're in luck. The Mumbai Income Tax Tribunal has ruled that the new flat will not be taxable under income tax rules. This decision provides a significant relief for those looking to upgrade their homes.
Real Estate
Darjeeling's MP Raju Bista Unveils Real Estate Reforms at Siliguri Seminar
MP Raju Bista detailed the Union Budget 2025-26's key real estate reforms at a seminar in Siliguri, emphasizing income tax exemptions and other measures to boost the sector.
real estate news
Delhi High Court Rejects Widow's Tax Exemption Claim for Purchasing Two Flats
The Delhi High Court has denied a widow's claim for capital gains tax exemption under Section 54F of the Income Tax Act, as she had purchased two non-adjacent flats in Noida using the proceeds from the sale of a plot inherited from her husband.