Browsing Tag

Homebuyer

41 posts
Delay in filing TDS after property purchase proves costly to a homebuyer

Delay in filing TDS after property purchase proves costly to a homebuyer

A Mumbai individual who bought property in Gujarat has lost his appeal…
ITAT Mumbai quashes ₹20 lakh cash addition against Indiabulls Sky buyer, holding that an untested builder statement without cross-exam cannot sustain the charge.

No Cross-Examination of Builder? ITAT Deletes ₹20 Lakh Cash Allegation Against Flat Buyer

ITAT Mumbai quashes ₹20 lakh cash addition against Indiabulls Sky buyer, holding that an untested builder statement without cross-exam cannot sustain the charge.
A Thane homebuyer spent 14 years proving he didn't pay cash for his flat. The IT Department had a spreadsheet. ITAT had the last word.

Builder Confirmed No Cash, IT Department Didn’t Believe Homebuyer

A Thane homebuyer spent 14 years proving he didn’t pay cash for his flat. The IT Department had a spreadsheet. ITAT had the last word.
A Mumbai housewife received a shocking ₹55 lakh tax demand on a flat she never paid for. Her only fault? Her name was on the agreement. What happened next will relieve many Indian families...

Mumbai Wife Gets ₹55 Lakh Tax Shock on a Flat She Never Paid For

A Mumbai housewife received a shocking ₹55 lakh tax demand on a flat she never paid for. Her only fault? Her name was on the agreement. What happened next will relieve many Indian families…
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Homebuyer Wins Relief: Developer Ordered to Fix Structural Issues in Flat

A Mumbai homebuyer, Palvinder Singh, has secured a partial victory against developer Mohan Lifespaces LLP, with MahaRERA ordering the rectification of structural defects in his flat. While a refund request was denied due to the timely issuance of the Occupancy Certificate and delayed possession by the buyer, the Authority mandated the developer to fix issues like wall cracks and tile problems within 30 days, upholding Section 14(3) of the RERA Act.