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Direct Tax Cases Monthly Round Up: May 2024

Supreme CourtInterest-Free/Concessional Loans To Bank Employees Taxable As Perquisite : Supreme Court Upholds Rule 3(7)(I) Of Income Tax RulesCase Name- All India Bank Officers Confederation Vs The.

Transit Rent Can t Be Considered As Revenue Receipt , Not Liable To Be Taxed: Bombay High Court

The Bombay High Court has held that Transit Rent is not to be considered a revenue receipt and is not liable to be taxed. As a result, there will be no question of the deduction of TDS from the.

Explained: Why an OC is vital for the entire building, not just for select flats

The occupancy certificate signifies that the building has been constructed with essential civic amenities in place and adheres to the approved plan. Additionally, it is a crucial requirement for any subsequent transfer of ownership.

Bombay High Court Rules Against AGRC s Review Of Own Order In SRA Case, Directs Agreement Modification

Bombay High Court Rules Against AGRC s Review Of Own Order In SRA Case, Directs Agreement Modification
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