Delhi HC upholds TDS on exterior improvement prices

The Delhi Excessive Court docket on Tuesday upheld Tax Deducted at Supply (TDS) on Exterior Improvement Costs (EDC) in an actual property mission. Which means house consumers should bear the burden of TDS. A division Bench of Delhi Excessive Court docket Comprising Justices Yashwant Varma and Purushaindra Kumar Kaurav upheld that Part 194C is relevant … Read more

IBBI heralds shift in liquidation course of, brings reduction to residence patrons

Insolvency regulator IBBI has launched important modifications to the liquidation course of, offering reduction for particular residence patrons and requiring a key position for a stakeholder session committee (SCC), made up of collectors of the corporate beneath liquidation, in important operational elements overseen by the liquidator. The most recent transfer of Insolvency and Chapter Board … Read more