Section 269SS Not Applicable to Brokers Acting as Agents or Facilitators: ITAT Chennai

This landmark ruling reinforces the principle that intermediaries operating in a fiduciary capacity are distinct from the principal parties in transactions. It sets a strong precedent for brokers, real estate facilitators, and agents, protecting them from undue penalties under Section … Continue reading Section 269SS Not Applicable to Brokers Acting as Agents or Facilitators: ITAT Chennai