Buyer’s Name in Builder’s Sheet Not Enough to Prove Cash Payment
ITAT rules that mere mention of buyer’s name in builder’s seized Excel sheet is not enough to prove on-money payment and sustain addition. Addition of ₹25 lakh deleted.
Big Shock for Mumbai Societies: You Cannot Charge Maintenance on Square Feet Basis!
In a landmark ruling, the Maharashtra Co-operative Appellate Court has made it clear — societies cannot levy common maintenance on square feet basis. Every flat pays equally for shared services.