Bombay High Courtpropertyreal_estate
Minority Can’t Use Bifurcation to Frustrate Society Redevelopment: HC
Bombay HC rules Section 18 bifurcation can’t be misused by minority to block majority-approved redevelopment.
Sep 29, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Supreme Court of Indiareal_estatecorporate
Supreme Court Rules on Recovery of Cirp Costs from Homebuyers
The Supreme Court has ruled that penalties imposed on an insolvent developer cannot be recovered as CIRP costs from homebuyers, affirming the rights of consumers in insolvency proceedings.
Sep 4, 2026Read more →
ITAT Cochintaxreal_estate
ITAT Cochin Denies Section 80-IB Deduction for Under One Acre Housing Project
The ITAT Cochin determined that land integral to an approved housing project must meet the one-acre requirement for Section 80-IB(10) deductions, ruling that unrelated land cannot be counted.
Jun 22, 2026Read more →
ITAT Mumbaitaxreal_estate
ITAT Mumbai: FMV of Surrendered Tenancy Rights is Acquisition Cost
The ITAT Mumbai held that the fair market value of surrendered tenancy rights serves as the cost of acquisition for properties redeveloped under such schemes, impacting assessment of capital gains.
Jun 22, 2026Read more →
National Company Law Tribunalcorporatereal_estate
Homebuyers Declared Financial Creditors: NCLT Initiates CIRP Against Developer
The NCLT has recognized homebuyers as financial creditors and initiated CIRP against a real estate developer for defaulting on ₹6.76 crore. The amounts paid are classified as financial debts under the IBC.
Jun 20, 2026Read more →
National Company Law Tribunalcorporatereal_estate
NCLT Initiates CIRP Against Primezone Developers for Financial Debt Default
The NCLT has begun insolvency proceedings against Primezone Developers due to their failure to refund amounts to allottees for unfulfilled plots. The tribunal ruled that this constitutes a financial debt default.
Jun 20, 2026Read more →
N/Ataxreal_estate
RCM Under GST for Real Estate Promoters: TDR, FSI and Long-Term Lease
Real estate promoters are now liable to pay GST under the reverse charge mechanism for TDR, FSI, and long-term leases received.
Jun 9, 2026Read more →
Income Tax Appellate Tribunaltaxreal_estate
Section 68 Applies Even to Customer Advances: Pune ITAT Remands Addition
The Pune ITAT ruled that Section 68 applies to customer advances, affirming that real estate developers must substantiate these credits to avoid tax complications.
Jun 4, 2026Read more →
Supreme Court of Indiareal_estatecorporate
SEBI Clarifies SPV Status After Concession Agreement Ends
SEBI has provided important clarifications regarding the status of Special Purpose Vehicles (SPVs) under InvITs, allowing them to retain SPV status even post-concessiontermination, along with prescribing timelines for project exit or restructuring.
May 17, 2026Read more →
Not Applicablecorporatetax
Khaitan & Co Advises RR Kabel on Slump Sale of U M Cables
Khaitan & Co represented RR Kabel in acquiring optical fibre business of U M Cables via slump sale, advising on structuring and tax implications.
Oct 22, 2026Read more →
Karnataka High Courtcivilreal_estate
Karnataka HC Upholds Dismissal of RERA Appeal for Altered Defence
The Karnataka High Court affirmed the dismissal of a review petition under RERA, stating that promoters cannot alter their defence at the review stage. The ruling underscores the importance of consistent factual presentation.
Aug 22, 2026Read more →
CESTATtaxreal_estate
CESTAT Quashes Service Tax Demand on Builders' Residential Projects
In a recent ruling, the CESTAT quashed a service tax demand on builders' own residential projects executed prior to July 1, 2010, impacting taxation practices for real estate developers.
Aug 10, 2026Read more →