Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real estate companies. This amendment overturns a Supreme Court judgment favoring ITC on leased buildings. Experts suggest investors’ confidence may be affected and legal challenges are expected from taxpayers.
Input tax credit removal set to hit commercial realty companies
Categories:
Related Post
How President-elect Trump might handle war in Middle EastHow President-elect Trump might handle war in Middle East
Israel continued its offensives in Lebanon and Gaza Wednesday as plans began for Donald Trump’s transition back into the White House. CBS News senior foreign correspondent Holly Williams reports on
McDonald’s Shamrock Shake returns — and so does Grimace’s uncleMcDonald’s Shamrock Shake returns — and so does Grimace’s uncle
McDonald’s is bringing back the mascot Uncle O’Grimacey, Grimace’s uncle, to promote the seasonal milkshake.
Why was ex-UFC champion Khabib Nurmagomedov removed from plane?Why was ex-UFC champion Khabib Nurmagomedov removed from plane?
Former UFC champion Khabib Nurmagomedov was removed from a Frontier Airlines flight in Las Vegas after a dispute over his seating in an exit row. The altercation, captured on video,