Real Estate Mumbai
Selling Your Flat for a New One? Mumbai Tribunal Clarifies Tax Rules
The Mumbai Income Tax Appellate Tribunal has ruled that exchanging an old flat for a new one does not trigger a taxable event under income tax rules. This clarification could significantly benefit property owners looking to upgrade without incurring unexpected tax liabilities.
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 Maharashtra
Maharera Investigates Dual Registration Disputes in Real Estate Projects
The Maharashtra Real Estate Regulatory Authority (Maharera) has been directed by the Maharashtra Real Estate Appellate Tribunal to investigate and resolve disputes related to dual registration of real estate projects, ensuring transparency and fairness for homebuyers.
Real Estate
Karnataka High Court Ruling: RERA Registry Cannot Determine Maintainability of Complaints
The Karnataka High Court has ruled that the maintainability of a complaint under the Real Estate (Regulation and Development) Act, 2016 (RERA) cannot be decided by the RERA Registry. This decision highlights the role of the RERA Tribunal in such matters.
Real Estate Mumbai
Tax Tribunal Ruling: Job-Hunting Days Abroad Count for NRI Status
The Mumbai Income Tax Appellate Tribunal has issued a landmark ruling, clarifying that days spent job-hunting abroad can be counted towards Non-Resident Indian (NRI) status. This decision has significant implications for individuals planning to work overs
Real Estate Maharashtra
Supreme Court Refrains from Commenting on Merits in Limited Scope Appeals
The Supreme Court of India restored two appeals filed by allottees to the Maharashtra Real Estate Appellate Tribunal, emphasizing that the scope of the appeals was limited to examining the correctness of the lower court's decision rather than commenting o