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"A bench of Justices UU Lalit and Indu Malhotra said a real estate company could not be allowed to bind home-buyers with one-sided contractual terms which protect the interests of the company at the cost of the buyers."

— one-sided and unfair agreement of Home Buyer's would not be binding.

Posted On : 03-Apr-2019

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"The Income-Tax Appellate Tribunal (ITAT)'s Mumbai bench recently denied a taxpayer I-T benefits available when long-term capital gains arising from sale of a residential property are invested in a new house.

The sole reason for the denial was that the"

— No tax benefit on house sale if new flat is in wife's name: ITAT

Posted On : 17-Dec-2018

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