The Supreme Court has rejected the finance ministry’s petition seeking a review of its October judgement, which allowed real estate companies to claim input tax credits (ITC) on the construction cost for commercial buildings meant for renting purposes. Read more at: https://realty.economictimes.indiatimes.com/news/regulatory/sc-rejects-finance-ministrys-plea-against-input-tax-credits-for-commercial-rentals/121329313