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CMDA COUNSEL
Lady signs POA with land owner, builds flats on land and sells, claims Rs 13 crore tax deduction, I-T dept sends notice; She fights back and wins in HCThe Madras High Court has ruled that taxpayers can claim deductions under Section 80-IB without owning the land. This decision supports a p...- Governemnt can’t acquire properties of freedom fighters, says Madras High CourtThe HC has ordered return of 7.83 acres of land, worth several crores now, at Maraimalai Nagar, near chengalpet, to children of a freedom f...
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