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The Hon’ble Supreme Court in the case of Commissioner of Service Tax held that transactions involving the purchase and sale of land by a developer do not fall within the definition of “Real Estate Agent” or “Real Estate Consultant” under the Finance Act, 1994, and are expressly covered by the statutory exception for transfer of title in immovable property, thus not exigible to Service Tax.
The income tax investigation unit of Hyderabad conducted searches on Thursday at multiple locations belonging to Anvitha Real Estate Group to investigate suspected tax evasion. The company has real estate projects in Abhi Dhabi, the United States, and Kollur, Hyderabad. Searches took place in Hyderabad and Rangareddy districts.
Mr. CA Pritam Mahure and Associates compiled an analysis on High Court and Apex Court judgment on Real Estate sector
The Delhi High Court on Tuesday upheld Tax Deducted at Source (TDS) on External Development Charges (EDC) in a real…
The National Real Estate Development Council (NAREDCO) has suggested the finance ministry to come up with the second tranche of the…
The Directorate General of GST Intelligence (DGGI) is understood to be sending notices to various real estate companies, demanding that…
The CESTAT, Mumbai in the case of M/s. Guardian Landmarks LLP v. Commissioner of Central Excise & Service Tax, Pune…
Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the…