Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
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