The Brihanmumbai Municipal Corporation (BMC) has intensified its property tax recovery action in Mumbai and decided to e-auction 6 properties, including vacant plots, residential plots, commercial ...

Mumbai bench has underscored the importance of understanding tax deduction at source (TDS) obligations when purchasing property.

In a significant move aimed at streamlining property tax recovery and reducing disputes, the Brihanmumbai Municipal Corporation (BMC) has secured approval for an amendment to Section 154 of the Mumbai ...

The Mumbai Civic body, also known as the Brihanmumbai Municipal Corporation (BMC), has restructured property tax in the Mumbai real estate market by an average of almost 16%, according to a statement ...

A ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underscored the importance of understanding tax ...

MUMBAI: The K-East ward, which covers Andheri East, emerged as the highest property tax contributor in Mumbai for 2025-26, as the BMC recorded its highest-ever collection of Rs 7,610.9 crore. Civic ...

Mumbai, March 27: The BMC may have to adjust or refund Rs 2,200–2,300 crore in property tax following a new amendment allowing retrospective levy from 2010 under the Capital Value System (CVS). The ...

Mumbai, April 1: Despite legal complexities, exemptions for 500 sq. ft. properties since 2022, and substantial revenue stuck in litigation, the BMC has exceeded its property tax collection target with ...

Dismissing a batch of appeals filed by industry associations, a bench of Justice Pankaj Mithal and Justice Prasanna Varale rejected claims that the TTC industrial area stood excluded from NMMC limits ...

Mumbai ITAT held that income from house property can be assessed only in the hands of an owner or deemed owner under the Income-tax Act. Since ownership of the land and building remained with MSRTC, ...