Builder Raided: IT Dept Accuses Buyer of ₹22 Lakh Black Money – ITAT Throws Out Case!

IT Dept raided builder, claimed buyer paid ₹22 lakh hidden cash — but ITAT Mumbai exposes weak case: no direct proof, no fair cross-exam. Full addition scrapped in dramatic win for taxpayer!

This Housing Society Lost Its Registration, Read To Know Why?

The Bombay High Court has cancelled the registration of a proposed housing society after ruling that the Registrar approved it without providing required legal reasoning. Calling the order arbitrary and illegal, the court has directed a fresh hearing with full transparency.