Rs 1.5 crore tax refund withheld by Income Tax Dept due to mismatch between ITR and Form 26AS; taxpayer files case, wins in High Court

The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...

Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartment

A Mumbai homebuyer will pay Rs 13 lakh interest to a builder. The builder must pay Rs 24 lakh interest for delayed possession ...