Real Estate
Father's Day Special: High-Value Property Deals Between Bollywood Father-Son Duos
On Father's Day, we delve into the real estate transactions involving Bollywood's father-son pairs, from Hrithik and Rakesh Roshan to Amitabh and Abhishek Bachchan.
real estate news
India's Financial Secrecy: Real Estate, Trusts, and Partnerships Under the Microscope
India has climbed to 24th place in the Financial Secrecy Index, highlighting significant areas of opacity in real estate, trusts, and partnerships. Despite progress in corporate transparency, the country faces challenges in automatic information exchange and anti-money laundering frameworks.
real estate news
Why Warren Buffett Avoids REITs and Why You Should Consider Them
Warren Buffett's Berkshire Hathaway largely avoids REITs due to their tax structure and the company's investment philosophy. However, Indian REITs offer individual investors tax-efficient income and liquidity, making them a potentially smart portfolio addition.
Real Estate
Max Estates Subsidiary Faces ₹21.13 Lakh Income Tax Demand
Max Estates Limited's subsidiary, Max Square Limited, has received a ₹21.13 lakh income tax demand order from the National Faceless Appeal Centre (NFAC). The demand is related to the assessment year 2021-22 and focuses on the treatment of interest income from fixed deposits.
real estate news
Max Estates Subsidiary Faces ₹21.13 Lakh Income Tax Demand from NFAC
Max Estates Limited's subsidiary, Max Square Limited, has received an income tax demand order of ₹21.13 lakh from the National Faceless Appeal Centre (NFAC). The demand is related to the assessment year 2021–22 and concerns the treatment of interest income from fixed deposits.
Real Estate
ITAT Dismisses Revenue's Appeal on Education Cess Deduction, Case Remanded
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax Department against AVR Storage Tank Terminals Pvt. Ltd. regarding the deduction of education cess. The case has been remanded to the Commissioner of Income Tax (Appeals) for fresh adjudication.