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TENANT COMPENSATION TAX LAW
REIT mutual funds vs REITs: Why the fund route may be the smarter betREIT mutual funds just fixed the tax drag that kept sharp investors on the sidelines, along with illiquidity and concentration risk.- ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claimBuilder's hired firm wanted to pay 56 tenants additional Rs 8 crore to vacate land; Tax Dept sent notice citing this payment as contingent ...
- Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
- Kulgam gunman asked personal details, then killed 2 labourersAn attacker spoke with two non-local labourers for ten minutes before fatally shooting them. Investigators are examining similarities to a ...
- Can housing societies deny common facilities to smaller flats because of lower maintenance fees? Know what the law saysCan a housing society stop access to common facilities by residents of smaller flats on the ground of smaller maintenance? Know what the la...
- Delhi couple repays Rs 1.41 crore loan and finds out Axis Bank lost their property papers; they file complaint and win this much compensationAxis Bank misplaced a Delhi couple's original property papers, which they found out after closing their Rs 1.41 crore loan account. They th...
- ITR filing deadline extension: Has income tax filing last date of July 31, 2026, been extended? Know moreThe July 31, 2026, income tax return filing deadline remains unchanged for many taxpayers. Those who missed this date must now file a belat...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- Federal Realty raises annual core profit forecast on strong leasing demandFederal Realty Investment Trust has upped its annual core profit outlook following impressive second-quarter results that exceeded expectat...
- Develop mechanism for compensation in accidents due to stray animals: Supreme Court to Centre, statesThe Supreme Court has mandated compensation mechanisms for stray animal road accidents. Animal owners must now be held responsible for thei...
- July 31 isn't the ITR deadline for everyone: Who can file income tax returns by August 31, 2026?The income tax return filing deadline for salaried individuals remains July 31, 2026. However, certain taxpayers with business income can f...
- Insurers not liable for accident compensation if driver's licence was invalid: Supreme CourtThe Supreme Court ruled insurance companies are not liable for accidents with unlicensed drivers. Driving without a valid license can lead ...
- Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
- Indus Towers’ Africa foray on track, operations to start in September quarterIndus Towers is launching its Africa expansion in September after securing necessary approvals. The company sees this as its largest growth...
- Nvidia behind $50 billion lease on Texas data center, FT reportsIn an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soarin...
- Renting a home? Key rights every tenant and landlord should knowA recent Supreme Court ruling bolsters landlord positions in eviction disputes across India. This decision clarifies ownership proof requir...
- Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayersFinance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and ec...
- Landlord can keep your security deposit if you vacate early? Here's how tenants can get the full amount backLeaving a rented home before the lock-in period ends can put your security deposit at risk, depending on what your rent agreement says. Ind...
- SC nudges Centre to amend Highways Act, wants judicial officers deciding land compensation disputes, not bureaucratsThe Supreme Court urged the Centre to amend the National Highways Act. It wants judicially trained adjudicators for land compensation dispu...
- Mumbai Port Authority to recover Rs 3,500 cr rental arrears from defaultersMumbai Port Authority plans to recover Rs 3,500 crore in lease rental arrears. Criminal proceedings will be initiated against unauthorized ...
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