income tax appeals Archives - Square Feat India

ITAT Mumbai has ruled that land cost must be included in real estate project cost under POCM, upholding a ₹47.26 crore tax addition against a developer. The decision impacts how builders calculate revenue in joint development projects.

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ITAT Mumbai Upholds ₹47 Crore Tax Addition: Land Cost Must Be Counted in Real Estate Revenue Calculations

ITAT Mumbai has ruled that land cost must be included in real estate project cost under POCM, upholding a ₹47.26 crore tax addition against a developer. The decision impacts how builders calculate revenue in joint development projects.

SquareFeatIndia
November 17, 2025
2 minute read

The Maharashtra government has approved a one-year renewal of rented office space for the Divyang Welfare Department at Mittal Tower, Nariman Point, increasing the monthly rent to ₹7.03 lakh with a 5% escalation.

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Maharashtra Govt Approves ₹7.03 Lakh Monthly Rent for Disability Welfare Department Office at Nariman Point

The Maharashtra government has approved a one-year renewal of rented office space for…

SquareFeatIndia
March 6, 2026

MHADA has signed tripartite and construction agreements for the redevelopment of the historic GTB Nagar colony in Sion Koliwada, Mumbai. The 11.2-acre project will build three high-rise towers to rehabilitate around 1,200 residents.

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MHADA’s First Private Land Redevelopment: GTB Nagar Project in Sion Koliwada Moves to Implementation Stage

MHADA has signed tripartite and construction agreements for the redevelopment of the…

SquareFeatIndia
March 5, 2026

In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

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Here’s Why the Supreme Court Initiated a CBI Probe into DLF’s The Primus Project

In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium…

SquareFeatIndia
March 5, 2026

Thane is set to become a sanctuary for injured and displaced wildlife with the launch of a ₹60-crore high-tech Transit Treatment Center. From specialized raptor cages to advanced feline medical units, the Gotheghar facility marks a new era in Maharashtra's animal conservation efforts.

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From Leopards to Exotic Birds: Thane’s New High-Tech Wildlife Transit Center

Thane is set to become a sanctuary for injured and displaced wildlife with the launch…

SquareFeatIndia
March 5, 2026