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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...
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...
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.
The Bombay High Court held recently that the Apex Grievance Redressal Committee (AGRC) of the Slum Rehabilitation Authority (SRA) cannot review its own order in the guise of speaking to the minutes of...
The Court said that while encroaching slum dwellers make such demands, no relief was available to salaried persons in the city even if they too had financial burdens. "Nobody gives them a free house," the Court said.