*****Capital Gains Must Reflect Only Real Consideration Received: ITAT quashes S.263 Revision [Read Order]

Clipped from: https://www.taxscan.in/top-stories/capital-gains-must-reflect-only-real-consideration-received-itat-quashes-s263-revision-1437578?TRN300=cVBgJPCDSauMbeDAxEDMcKWwasZUGDMbEuaxEuPXgjgMEuFsiMcBjYDnkMcAsh&LKD333=3324504 Section 48 mandates computation of capital gains only on the “full value of consideration received or accruing to the assessee The principle that

Builder can’t escape liability of club-house fire just because it handed over possession to apartment owners association, rules Karnataka RERA due to this reason – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/builder-cant-escape-liability-of-club-house-fire-just-because-it-handed-over-possession-to-apartment-owners-association-rules-karnataka-rera-due-to-this-reason/articleshow/126335659.cms On November 29, 2025, the Chairman Rakesh Singh and Member G.R. Reddy of Karnataka RERA (K-RERA) ruled that if a builder fails to obtain RERA

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