Supreme Court: Companies Can Face Prosecution Without Individual Officers Being Named  ||  SC: Penalties on Insolvent Developers cannot be Recovered from Homebuyers as CIRP Costs  ||  Allahabad HC: ‘Sar Tan Se Juda’ Hits Sovereignty, Unlike ‘Allahu-Akbar’, ‘Jai Shri Ram’  ||  Kerala High Court: Married Woman Cannot Claim Sex Was Based Solely on Promise of Marriage  ||  Madras High Court Refuses Equal Recitation of Tamil Hymns With Sanskrit at Meenakshi Temple  ||  Delhi HC: Absence of ‘Penetration’ In Child Victim’s Testimony Not Enough to Acquit Rape Accused  ||  J&K High Court: Possession of Allegedly Anti-National Book Cannot Justify Preventive Detention  ||  Delhi High Court: DNA Evidence Proves Sexual Intercourse, Not Consent  ||  Madras High Court Upholds Appointment of District Judges as Tamil Nadu Lokayukta Secretary  ||  Allahabad High Court: IO’s Mere Apprehension Cannot Justify Withholding Seized Items    

NAA to Builders: Flat Buyers Cannot Wait Endlessly to Receive Input Tax Credit - (19 Jun 2019)

GOODS AND SERVICES TAX

National Anti-Profiteering Authority (NAA) while dismissing a plea by a real estate developer has observed that since flats are sold in installments without waiting for project completion, the buyers too cannot be made to wait endlessly to receive the benefit of input tax credit.

Tags : NAA   INPUT TAX CREDIT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved