ITAT Mumbai Clears Real Estate Developer of Fraud Allegations, Allows ₹1.79 Crore Tax Deduction

The Mumbai ITAT has ruled that a real estate developer cannot be denied a tax deduction merely due to alleged fraud by a recipient trust’s employee, allowing Aakash Value Realty’s ₹1.79 crore claim under Section 35(1)(ii).

🏠 Grand Housing Files DRHP for ₹5 Face Value IPO; Entire Offer is OFS by Promoter

Grand Housing, a Chennai-based plotted development real estate firm, has filed its DRHP with SEBI for an IPO via an offer for sale of 3.55 crore shares by promoter Vijay Surana. The company focuses on residential and industrial land development and reported a sharp rise in revenue and profit in FY25.

Homes to Families of Pulwama Martyrs Delivered on Independence Day

ATS Homekraft, a real estate developer in the National Capital Region, has…

Developers to redress complaints of home buyers have to set up Grievance Redressal Cell: MahaRERA

MahaRERA has asked developers that this cell should have at least one…