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	<title>Property News India and Featured Real Estate Stories &#187; Income Tax</title>
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	<link>https://groups.commonfloor.com/news</link>
	<description>Property News India and Featured Real Estate Stories</description>
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		<title>IT officials raid premises of Om Shanti builders and Regal Homes</title>
		<link>https://groups.commonfloor.com/news/it-officials-raid-premises-of-om-shanti-builders-and-regal-homes-72134</link>
		<comments>https://groups.commonfloor.com/news/it-officials-raid-premises-of-om-shanti-builders-and-regal-homes-72134#comments</comments>
		<pubDate>Thu, 21 Aug 2014 11:21:13 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Om Shanti builders]]></category>
		<category><![CDATA[property of Dwarkadhish builders]]></category>
		<category><![CDATA[Regal Homes]]></category>
		<category><![CDATA[Regal Homes in Indore]]></category>
		<category><![CDATA[Regal Homes partner]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=72134</guid>
		<description><![CDATA[On Tuesday, August 12, Income Tax (IT) officials raided the premises of two leading realty developers across a total of 18 locations across Indore as well as Bhopal. The two builders whose premises were raided by the IT officials were Om Shanti builders and Regal Homes. The raids were carried out by the IT officials [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/it-officials-raid-premises-of-om-shanti-builders-and-regal-homes-72134/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unsold inventory of the realtors to be taxed: IT department’s proposal</title>
		<link>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949</link>
		<comments>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949#comments</comments>
		<pubDate>Wed, 20 Aug 2014 11:47:25 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Arun Jaitley]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax department]]></category>
		<category><![CDATA[J Sagar Associates]]></category>
		<category><![CDATA[Maadhav Poddar]]></category>
		<category><![CDATA[Tax department]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=70949</guid>
		<description><![CDATA[It is speculated that the revenue department will ask the builders to pay taxes on their unsold stock of ready houses as per a proposal that is under consideration. If that happens then the housing prices are expected to fall as the developers will try to sell off their properties and reduce their inventories. The income [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/unsold-inventory-of-the-realtors-to-be-taxed-it-departments-proposal-70949/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Capital gains tax for buying more than one home after selling the old property</title>
		<link>https://groups.commonfloor.com/news/capital-gains-tax-for-buying-more-than-one-home-after-selling-the-old-property-69590</link>
		<comments>https://groups.commonfloor.com/news/capital-gains-tax-for-buying-more-than-one-home-after-selling-the-old-property-69590#comments</comments>
		<pubDate>Tue, 22 Jul 2014 09:35:24 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Ancestral property]]></category>
		<category><![CDATA[ancestral-home sales]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[economy (general)]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Infrastructure and construction]]></category>
		<category><![CDATA[joint development]]></category>
		<category><![CDATA[Land price]]></category>
		<category><![CDATA[Middle income group]]></category>
		<category><![CDATA[Real Estate Developers]]></category>
		<category><![CDATA[Real Estate Industry]]></category>
		<category><![CDATA[taxation and taxes]]></category>
		<category><![CDATA[union budget]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=69590</guid>
		<description><![CDATA[If you are thinking about buying a couple of apartments after selling your dilapidated ancestral home, then be prepared to shell out a hefty sum in capital gains tax. The new Budget has capped tax breaks available to such property buyers. This has been done through a seemingly innocuous tweak in the language of Sections [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/capital-gains-tax-for-buying-more-than-one-home-after-selling-the-old-property-69590/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Property Gain Tax- Some facts</title>
		<link>https://groups.commonfloor.com/news/property-gain-tax-some-facts-69033</link>
		<comments>https://groups.commonfloor.com/news/property-gain-tax-some-facts-69033#comments</comments>
		<pubDate>Fri, 18 Jul 2014 08:24:14 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Anand Rathi Financial Services]]></category>
		<category><![CDATA[Arbitrage]]></category>
		<category><![CDATA[Arun Jaitley]]></category>
		<category><![CDATA[Bajaj Capital]]></category>
		<category><![CDATA[Budget 2014]]></category>
		<category><![CDATA[Burial]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[DDT]]></category>
		<category><![CDATA[debt funds]]></category>
		<category><![CDATA[distribution]]></category>
		<category><![CDATA[Edelweiss]]></category>
		<category><![CDATA[ET Wealth]]></category>
		<category><![CDATA[Feroze Azeez director]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Finance Minister]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Gold fund]]></category>
		<category><![CDATA[High inflation]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Income-Tax Act 1961]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Insurability]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[Invest]]></category>
		<category><![CDATA[Kotak Mutual Fund]]></category>
		<category><![CDATA[Ladderup]]></category>
		<category><![CDATA[life insurance]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[mutual fund]]></category>
		<category><![CDATA[Mutual funds]]></category>
		<category><![CDATA[net worth]]></category>
		<category><![CDATA[NFOs]]></category>
		<category><![CDATA[Pankaj Maalde]]></category>
		<category><![CDATA[Proposal form]]></category>
		<category><![CDATA[provident fund]]></category>
		<category><![CDATA[Public Provident Fund]]></category>
		<category><![CDATA[Rajiv Gandhi]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[taxation]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=69033</guid>
		<description><![CDATA[Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/property-gain-tax-some-facts-69033/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Increased tax exemptions to improve real estate and consumer durables sales</title>
		<link>https://groups.commonfloor.com/news/increased-tax-exemptions-to-improve-real-estate-and-consumer-durables-sales-68558</link>
		<comments>https://groups.commonfloor.com/news/increased-tax-exemptions-to-improve-real-estate-and-consumer-durables-sales-68558#comments</comments>
		<pubDate>Fri, 11 Jul 2014 19:43:06 +0000</pubDate>
		<dc:creator>swiftsales.cf</dc:creator>
				<category><![CDATA[Budget 2014]]></category>
		<category><![CDATA[expectations from modi government]]></category>
		<category><![CDATA[finance minister Arun Jaitley]]></category>
		<category><![CDATA[Finance Minister Arun Jaitley's maiden budget]]></category>
		<category><![CDATA[high hopes on the Modi Government]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax provision]]></category>
		<category><![CDATA[Modi government]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=68558</guid>
		<description><![CDATA[The Narendra Modi government’s maiden Budget is targeting on increasing consumer demand in the economy by increasing disposable income in the hands of people. The budget wants to give the much awaited boost to the real estate sector, which not only boosts demand for housing, but other consumer durables as well. Since after buying a [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/increased-tax-exemptions-to-improve-real-estate-and-consumer-durables-sales-68558/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cong says Vadra purchased and sold land as per the rules</title>
		<link>https://groups.commonfloor.com/news/cong-says-vadra-purchased-and-sold-land-as-per-the-rules-59576</link>
		<comments>https://groups.commonfloor.com/news/cong-says-vadra-purchased-and-sold-land-as-per-the-rules-59576#comments</comments>
		<pubDate>Tue, 08 Apr 2014 07:38:41 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[BD Kalla]]></category>
		<category><![CDATA[Bikaner]]></category>
		<category><![CDATA[BJP]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[District Collector]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Land]]></category>
		<category><![CDATA[Market prices]]></category>
		<category><![CDATA[Private property]]></category>
		<category><![CDATA[Rajasthan Congress]]></category>
		<category><![CDATA[Robert Vadra]]></category>
		<category><![CDATA[Robert Vadra stakes]]></category>
		<category><![CDATA[Stamp Duties]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=59576</guid>
		<description><![CDATA[The Rajasthan Congress opposed the report which says that Robert Vadra purchased and sold the land and made undue windfall gain in the process. Mr. BD Kalla, Senior Congress leader, says that BJP is raising issues which have no significance. All the dealings done by Robert Vadra was as per the rules. The land was [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/cong-says-vadra-purchased-and-sold-land-as-per-the-rules-59576/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>60 percent land still lying empty under UPA&#8217;s SEZ Scheme</title>
		<link>https://groups.commonfloor.com/news/60-percent-land-still-lying-empty-under-upas-sez-scheme-57807</link>
		<comments>https://groups.commonfloor.com/news/60-percent-land-still-lying-empty-under-upas-sez-scheme-57807#comments</comments>
		<pubDate>Fri, 21 Mar 2014 11:33:57 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[60 percent land]]></category>
		<category><![CDATA[60 percent land still lying empty under UPA's SEZ]]></category>
		<category><![CDATA[Anand Sharma]]></category>
		<category><![CDATA[Dividend Distribution Tax]]></category>
		<category><![CDATA[Export]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Land]]></category>
		<category><![CDATA[MAT]]></category>
		<category><![CDATA[Ministry of commerce]]></category>
		<category><![CDATA[Pranab Mukherjee]]></category>
		<category><![CDATA[SEZ Scheme]]></category>
		<category><![CDATA[SEZs]]></category>
		<category><![CDATA[Special economic zone]]></category>
		<category><![CDATA[UPA government]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=57807</guid>
		<description><![CDATA[An analyst says that the UPA government&#8217;s special economic zone (SEZ) scheme whose aim is to create infrastructure to facilitate exports appears to have failed. More than 60 percent of the total land under the SEZs is vacant years after the scheme launched in 2006. Till now the government has notified 389 SEZs. As per [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/60-percent-land-still-lying-empty-under-upas-sez-scheme-57807/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Real estate reforms can lead to GDP growth</title>
		<link>https://groups.commonfloor.com/news/real-estate-reforms-can-lead-to-gdp-growth-39396</link>
		<comments>https://groups.commonfloor.com/news/real-estate-reforms-can-lead-to-gdp-growth-39396#comments</comments>
		<pubDate>Tue, 08 Jan 2013 10:54:55 +0000</pubDate>
		<dc:creator>praveen.p</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[Delhi NCR]]></category>
		<category><![CDATA[gross domestic product (GDP) growth]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[increased GDP growth]]></category>
		<category><![CDATA[manufacturing and services industries]]></category>
		<category><![CDATA[New Delhi]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[real estate sector in Delhi]]></category>
		<category><![CDATA[Realty sector]]></category>
		<category><![CDATA[Residential development]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=39396</guid>
		<description><![CDATA[New Delhi- One of the key ideas to increase the gross domestic product (GDP) growth in India are the reforms in the real estate sector. As per an official of a real estate association, the tax reforms and the steps to cater the low cost funds via  external commercial borrowings will result in an increased GDP [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/real-estate-reforms-can-lead-to-gdp-growth-39396/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taxpayers entitled for deduction on capital gains too</title>
		<link>https://groups.commonfloor.com/news/taxpayers-entitled-for-deduction-on-capital-gains-too-33336</link>
		<comments>https://groups.commonfloor.com/news/taxpayers-entitled-for-deduction-on-capital-gains-too-33336#comments</comments>
		<pubDate>Thu, 22 Nov 2012 07:37:17 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[capital gains]]></category>
		<category><![CDATA[Commissioner]]></category>
		<category><![CDATA[deduction]]></category>
		<category><![CDATA[Income]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax department]]></category>
		<category><![CDATA[Income-Tax Appellate Tribunal]]></category>
		<category><![CDATA[interest paid]]></category>
		<category><![CDATA[ITAT]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[taxpayer]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=33336</guid>
		<description><![CDATA[Chennai- Income-Tax Appellate Tribunal (ITAT) of Chennai affirmed that the interest on home loans will continue to be out of the tax net despite the property gets sold later on. The interest paid on loans is surely an expenditure that should be taken into account while computing the income from housing property as well as [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/taxpayers-entitled-for-deduction-on-capital-gains-too-33336/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Realty firms top tax evaders list</title>
		<link>https://groups.commonfloor.com/news/realty-firms-top-tax-evaders-list-31990</link>
		<comments>https://groups.commonfloor.com/news/realty-firms-top-tax-evaders-list-31990#comments</comments>
		<pubDate>Wed, 07 Nov 2012 09:32:42 +0000</pubDate>
		<dc:creator>mainaki</dc:creator>
				<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[avoidance of tax]]></category>
		<category><![CDATA[evading tax]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Gujarat Tax]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Indian Tax]]></category>
		<category><![CDATA[investigation tax]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[tax evading]]></category>
		<category><![CDATA[tax evasion penalties]]></category>
		<category><![CDATA[what is tax avoidance]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=31990</guid>
		<description><![CDATA[The real estate sector remains on the top when it comes to unveiling unaccounted income. The operations against realty firms make more than 70 per cent of I-T raid operations in the state. I-T officials say that many realty firms have done good business and have evaded taxes. Sources say that, around 6,000 suspected land [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/realty-firms-top-tax-evaders-list-31990/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Income tax seized Rs 38 cr from realtors</title>
		<link>https://groups.commonfloor.com/news/income-tax-seized-rs-38-cr-from-realtors-30963</link>
		<comments>https://groups.commonfloor.com/news/income-tax-seized-rs-38-cr-from-realtors-30963#comments</comments>
		<pubDate>Mon, 22 Oct 2012 09:23:29 +0000</pubDate>
		<dc:creator>mainaki</dc:creator>
				<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Annapurna Market]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[Brokers]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax department]]></category>
		<category><![CDATA[Indian real estate]]></category>
		<category><![CDATA[real estate brokerage firms]]></category>
		<category><![CDATA[Real estate brokers]]></category>
		<category><![CDATA[Real Estate Developers]]></category>
		<category><![CDATA[Real estate firms]]></category>
		<category><![CDATA[Real estate in India]]></category>
		<category><![CDATA[Residential]]></category>
		<category><![CDATA[Surat]]></category>
		<category><![CDATA[unaccounted money]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=30963</guid>
		<description><![CDATA[Rupees 38 crore unaccounted money has been seized by the income tax department during raids at the residential and office premises of real estate developers in Surat. According to sources, two real estate groups had disclosed unaccounted income worth Rs 27 crore and another leading realtor has disclosed Rs 11 crore. The search and seizure [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/income-tax-seized-rs-38-cr-from-realtors-30963/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Expenses by employees on company-leased flats exempted from tax</title>
		<link>https://groups.commonfloor.com/news/expenses-by-employees-on-company-leased-flats-exempted-from-tax-28189</link>
		<comments>https://groups.commonfloor.com/news/expenses-by-employees-on-company-leased-flats-exempted-from-tax-28189#comments</comments>
		<pubDate>Tue, 28 Aug 2012 10:18:00 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Court Orders]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[CEO of GE's India unit]]></category>
		<category><![CDATA[company-leased accommodation]]></category>
		<category><![CDATA[Court orders]]></category>
		<category><![CDATA[Delhi high court]]></category>
		<category><![CDATA[employees living in company-leased accommodation]]></category>
		<category><![CDATA[GE India]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income-tax department (I-T)]]></category>
		<category><![CDATA[renovations]]></category>
		<category><![CDATA[Repairs]]></category>
		<category><![CDATA[Supreme Court]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=28189</guid>
		<description><![CDATA[In a influential verdict, the Delhi High Court has ruled that in case of employees living in company-leased accommodation, money spent on repairs and renovations of such residences is not taxable. The ruling is set to have far reaching impact. If unchallenged in the Supreme Court, it implies those living in company-provided accommodation will not [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/expenses-by-employees-on-company-leased-flats-exempted-from-tax-28189/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Corporators ask for pay hike</title>
		<link>https://groups.commonfloor.com/news/corporators-ask-for-pay-hike-26524</link>
		<comments>https://groups.commonfloor.com/news/corporators-ask-for-pay-hike-26524#comments</comments>
		<pubDate>Wed, 01 Aug 2012 12:12:29 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Municipality]]></category>
		<category><![CDATA[Civic administration]]></category>
		<category><![CDATA[civic corporators]]></category>
		<category><![CDATA[Corporators]]></category>
		<category><![CDATA[hike in pay]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[pay hike]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[tax-paying]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=26524</guid>
		<description><![CDATA[Civic corporators in Mumbai have unanimously passed a resolution at the civic general body meeting on Tuesday calling for a 150% hike in their monthly remuneration, from Rs10,000 to Rs. 25,000. If it receives legal sanction, the hike will be paid by taxpayers’ money. According to the corporators, the current remuneration is a measley sum [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/corporators-ask-for-pay-hike-26524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BJP MP’s firm financed 10% of Adarsh flat-buyers</title>
		<link>https://groups.commonfloor.com/news/bjp-mps-firm-financed-10-of-adarsh-flat-buyers-26388</link>
		<comments>https://groups.commonfloor.com/news/bjp-mps-firm-financed-10-of-adarsh-flat-buyers-26388#comments</comments>
		<pubDate>Wed, 01 Aug 2012 06:06:50 +0000</pubDate>
		<dc:creator>anupma</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Adrash Society]]></category>
		<category><![CDATA[defence]]></category>
		<category><![CDATA[Flat]]></category>
		<category><![CDATA[Flats]]></category>
		<category><![CDATA[flats for rent]]></category>
		<category><![CDATA[Flats for sale]]></category>
		<category><![CDATA[inco0me tax returns]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Payment]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[The income tax department]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=26388</guid>
		<description><![CDATA[The San Finance Corporation (SFC), which has Rajya Sabha member Ajay Sancheti (BJP) as a partner, has financed nearly one-tenth of the 103 flats of the scam-hit Adarsh cooperative housing society. Abhay Sancheti, another partner of the firm told the two-member judicial panel looking into Adarsh&#8217;s irregularities, that it &#8216;granted loans to 10 people&#8217; who [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/bjp-mps-firm-financed-10-of-adarsh-flat-buyers-26388/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CREDAI called for reforms in realty sector</title>
		<link>https://groups.commonfloor.com/news/credai-called-for-reforms-in-realty-sector-25219</link>
		<comments>https://groups.commonfloor.com/news/credai-called-for-reforms-in-realty-sector-25219#comments</comments>
		<pubDate>Fri, 20 Jul 2012 03:51:20 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Hyderabad]]></category>
		<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Pune]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[Demand slowdown]]></category>
		<category><![CDATA[Economically Weaker Section (EWS)]]></category>
		<category><![CDATA[exemption]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[FSI (floor space area)]]></category>
		<category><![CDATA[Home loans]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[land administration]]></category>
		<category><![CDATA[lower income group (LIG)]]></category>
		<category><![CDATA[Realty sector]]></category>
		<category><![CDATA[reforms]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[SEZ]]></category>
		<category><![CDATA[single window clearance]]></category>
		<category><![CDATA[special residential zone]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[VAT]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=25219</guid>
		<description><![CDATA[The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/credai-called-for-reforms-in-realty-sector-25219/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nation’s economic slowdown smacks tax collection</title>
		<link>https://groups.commonfloor.com/news/nations-economic-slowdown-smacks-tax-collection-24496</link>
		<comments>https://groups.commonfloor.com/news/nations-economic-slowdown-smacks-tax-collection-24496#comments</comments>
		<pubDate>Wed, 11 Jul 2012 04:07:44 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Hyderabad]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[April-June quarter]]></category>
		<category><![CDATA[Corporate tax]]></category>
		<category><![CDATA[Corporates]]></category>
		<category><![CDATA[direct tax]]></category>
		<category><![CDATA[Economic slowdown]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[personal income tax]]></category>
		<category><![CDATA[Tax collection]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=24496</guid>
		<description><![CDATA[Economic slowdown in the country has even hit tax collection in the April-June quarter. Only 6.77 per cent growth in gross direct tax collection has been recorded in the quarter while the target for the year was 15 per cent. The gross tax collection for the quarter was over Rs 1.11 lakh crore as against [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/nations-economic-slowdown-smacks-tax-collection-24496/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Buying house is no more a better investment for youngsters</title>
		<link>https://groups.commonfloor.com/news/buying-house-is-no-more-a-better-investment-for-youngsters-24358</link>
		<comments>https://groups.commonfloor.com/news/buying-house-is-no-more-a-better-investment-for-youngsters-24358#comments</comments>
		<pubDate>Tue, 10 Jul 2012 05:16:08 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Hyderabad]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Delhi]]></category>
		<category><![CDATA[good investment]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[India Tax Ratio 2012]]></category>
		<category><![CDATA[IT return]]></category>
		<category><![CDATA[NCR]]></category>
		<category><![CDATA[tax option]]></category>
		<category><![CDATA[TaxSpanner]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=24358</guid>
		<description><![CDATA[According to &#8216;India Tax Ratio 2012&#8216; report by TaxSpanner, an online income tax return filing portal, only 56 per cent salaried individuals surveyed in the country own a house despite earning more than Rs 10 lakh annually. And amongst those earning below Rs 10 lakh annually, only 13 per cent own a house. This shows [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/buying-house-is-no-more-a-better-investment-for-youngsters-24358/feed</wfw:commentRss>
		<slash:comments>19</slash:comments>
		</item>
		<item>
		<title>CBI arrests Eldeco boss in graft case</title>
		<link>https://groups.commonfloor.com/news/cbi-arrest-eldeco-boss-in-graft-case-23241</link>
		<comments>https://groups.commonfloor.com/news/cbi-arrest-eldeco-boss-in-graft-case-23241#comments</comments>
		<pubDate>Mon, 25 Jun 2012 18:02:39 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Court]]></category>
		<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[bribery]]></category>
		<category><![CDATA[Central Bureau of Investigation (CBI)]]></category>
		<category><![CDATA[Chairman and managing director]]></category>
		<category><![CDATA[chartered accountant]]></category>
		<category><![CDATA[CMD]]></category>
		<category><![CDATA[Eldeco]]></category>
		<category><![CDATA[FIR]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[income tax department]]></category>
		<category><![CDATA[Private company]]></category>
		<category><![CDATA[Realty firm]]></category>
		<category><![CDATA[tax evasion case]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=23241</guid>
		<description><![CDATA[The chairman and managing director of realty firm Eldeco, SK Garg, has been arrested by the Central Bureau of Investigation (CBI) on Friday in connection with a graft case in which some senior income tax officials were nabbed by the agency. The CBI had arrested four senior income tax department officials, who were reportedly involved [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/cbi-arrest-eldeco-boss-in-graft-case-23241/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax on capital gain from property sell</title>
		<link>https://groups.commonfloor.com/news/tax-on-capital-gain-from-property-sell-17642</link>
		<comments>https://groups.commonfloor.com/news/tax-on-capital-gain-from-property-sell-17642#comments</comments>
		<pubDate>Tue, 10 Apr 2012 11:34:45 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[and long term capital gain]]></category>
		<category><![CDATA[cost inflation index]]></category>
		<category><![CDATA[income on real estate]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[LTCG]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[Real Estate Property]]></category>
		<category><![CDATA[real estate property market]]></category>
		<category><![CDATA[Real estate transactions]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[short term capital gain]]></category>
		<category><![CDATA[STCG]]></category>
		<category><![CDATA[tax on property]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=17642</guid>
		<description><![CDATA[Real estate property is a good market for investments. However, the income tax structure on the real estate transactions are sometimes confusing among the investors. In income tax there are two types of tax rules: short term capital gain (STCG) and long term capital gain (LTCG). If an investor sells any property within three years [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/tax-on-capital-gain-from-property-sell-17642/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Crorepati tax payers!</title>
		<link>https://groups.commonfloor.com/news/crorepati-tax-payers-10214</link>
		<comments>https://groups.commonfloor.com/news/crorepati-tax-payers-10214#comments</comments>
		<pubDate>Tue, 06 Dec 2011 08:59:10 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Assets]]></category>
		<category><![CDATA[Billionaires]]></category>
		<category><![CDATA[Crorepati taxpayers]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Indore]]></category>
		<category><![CDATA[Indore Income Tax department]]></category>
		<category><![CDATA[Kailash Sahara of Ruchi Soya group]]></category>
		<category><![CDATA[Karan Mittal of Mittal Steel]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[Real-estate developer]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10214</guid>
		<description><![CDATA[Indore Income Tax department is all set and ready to reveal the list of crorepati taxpayers. It seems that Indore city is witnessing unending list of billionaires. According to the income tax department, number of crorepati taxpayers has raised from 195 to 260 for the year 2011. These rich people are also generating lots of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/crorepati-tax-payers-10214/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unique Document Identification Number mandatory for Taxpayers</title>
		<link>https://groups.commonfloor.com/news/din-mandatory-for-taxpayers-1727</link>
		<comments>https://groups.commonfloor.com/news/din-mandatory-for-taxpayers-1727#comments</comments>
		<pubDate>Mon, 29 Nov 2010 13:42:19 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Community]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Central Board of Direct Taxes]]></category>
		<category><![CDATA[DIN Mandatory]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[IT department]]></category>
		<category><![CDATA[Section 282B of the Income Tax Act]]></category>
		<category><![CDATA[unique Document identification number]]></category>
		<category><![CDATA[unique Document identification number mandatory]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=1727</guid>
		<description><![CDATA[According to the new guidelines brought out by the Central Board of Direct Taxes (CBDT), the unique Document identification number (DIN) will be mandatory &#8220;in respect of every notice, order, letter or any correspondence&#8221; with the department, by the taxpayers. The government has made it mandatory for taxpayers as well as collectors to quote a [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>DTC Bill brings bad news for NRIs</title>
		<link>https://groups.commonfloor.com/news/dtc-bill-brings-bad-news-for-nris-808</link>
		<comments>https://groups.commonfloor.com/news/dtc-bill-brings-bad-news-for-nris-808#comments</comments>
		<pubDate>Fri, 10 Sep 2010 07:38:36 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Community]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Direct Taxes Code Bill]]></category>
		<category><![CDATA[Direct Taxes Code Bill 2010]]></category>
		<category><![CDATA[DTC Bill brings bad news for NRIs]]></category>
		<category><![CDATA[Global Income]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[new DTC Bill]]></category>
		<category><![CDATA[Non Resident]]></category>
		<category><![CDATA[Non-Resident Indian]]></category>
		<category><![CDATA[NRI]]></category>
		<category><![CDATA[NRI liable to pay tax on global income]]></category>
		<category><![CDATA[NRI Property]]></category>
		<category><![CDATA[ouble Taxation Avoidance Agreement]]></category>
		<category><![CDATA[Resident]]></category>
		<category><![CDATA[Resident Not Ordinarily Resident]]></category>
		<category><![CDATA[simplify the tax laws]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=808</guid>
		<description><![CDATA[Direct Taxes Code Bill proposed to make an NRI liable to pay tax on global income The new DTC (Direct Taxes Code) Bill has been proposed in order to make an NRI liable to pay tax on global income if he resides in India in a particular year. In addition, the DTC has also removed [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/dtc-bill-brings-bad-news-for-nris-808/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Realtors happy on the proposal to retain tax exemption on housing loan interest</title>
		<link>https://groups.commonfloor.com/news/realtors-happy-on-the-proposal-to-retain-tax-exemption-on-housing-loan-interest-641</link>
		<comments>https://groups.commonfloor.com/news/realtors-happy-on-the-proposal-to-retain-tax-exemption-on-housing-loan-interest-641#comments</comments>
		<pubDate>Tue, 31 Aug 2010 06:15:47 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Direct Tax Code]]></category>
		<category><![CDATA[DLF Group]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[Home Loan interest exemption]]></category>
		<category><![CDATA[Housing Loan interest exemption]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Real estate in India]]></category>
		<category><![CDATA[Realty firms and consultants happy]]></category>
		<category><![CDATA[Retention of interest exemption]]></category>
		<category><![CDATA[Tax concessions on home loan]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=641</guid>
		<description><![CDATA[The much-awaited direct tax code bill, aimed at simplifying the country’s archaic direct tax laws, was passed by the cabinet on Thursday.Those who have a home loan also have reason to cheer, as the interest exemption would continue for up to 150,000 rupees annually.The first draft of Direct Tax Code (DTC) was silent on exemption [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/realtors-happy-on-the-proposal-to-retain-tax-exemption-on-housing-loan-interest-641/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
