Discover how the recent ITAT Mumbai ruling protects redevelopment flat owners from unfair taxation under 'Income from Other Sources'

Learn when your flat maintenance attracts 18% GST, what's included in the ₹7,500 threshold, how to benefit from tax credits, and ways to avoid unnecessary charges. Expert tips for flat owners.

The Group of Ministers (GoM) on real estate has eliminated GST exemptions on private long-term land leases, a critical step. Tourism firms requesting exemptions are affected by this ruling. The meeting additionally discussed important subjects including housing society construction service taxation.

The Maharashtra bench of the Appellate Authority for Advance Rulings denied a Cooperative Housing Society (CHS) on Pedder Road's GST appeal (AAAR). Goods and Services Tax (GST) will apply to "voluntary" contributions made by a departing member, as reported by TOI on 8 June 2022.