Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Deduction u/s 54F - delay in delivery of possession of the property - investment of the entire capital gains for construction of a residential house within the stipulated period alone is relevant, and delivery of possession by the builder/promoter of the assessee of the said residential house cannot be a ground to deny the assessee deduction under Section 54F of the Act, for the reason that the assessee has no control over the actions of the builder/promoter and he cannot be punished for the delay on the part of the builder/promoter in delivering possession.
Deduction u/s 54F - delay in delivery of possession of the property - investment of the entire capital gains for construction of a residential house within the stipulated period alone is relevant, and delivery of possession by the builder/promoter of the assessee of the said residential house cannot be a ground to deny the assessee deduction under Section 54F of the Act, for the reason that the assessee has no control over the actions of the builder/promoter and he cannot be punished for the delay on the part of the builder/promoter in delivering possession.
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