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Gratuity tax deduction of ₹79.25 lakh denied over wrong ITR schedule, ITAT Chennai rules in taxpayer’s favour
A company that lost a ₹79.25 lakh gratuity deduction because of an error in its income tax return has won relief from the Income Tax Appellate Tribunal (ITAT), Chennai. The tribunal held that a genuine tax deduction cannot be denied merely because it was reported under the wrong schedule in the ITR, particularly when the…
Acadia Buys Mixed-Use Property on SoHo’s Greene Street for $60M – Commercial Observer
Acadia Realty Trust has snapped up a mixed-use property on SoHo’s Greene Street. The real estate investment trust (REIT) purchased two interconnected buildings at 69 Greene Street and 71-73 Greene Street from New York City-based property investment firm JSRE Acquisitions for a combined $60 million, according to city records made public Tuesday. SEE ALSO: Baptist…
Minutes of the London FXJSC Operations Sub-Committee Meeting – 18 March 2026
Minutes Item 1 – Welcome and Apologies James Kaye (Chair, HSBC) welcomed new Committee members: Ellie McCormack (FCA) replacing Oliver McCausland, and Hendrik van der Merwe (Northern Trust) replacing Nikki Woodley. Adam Jukes (Deutsche Bank) was welcomed as an observer. Apologies were noted from Claire Forster-Lee (Morgan Stanley), Fiona O’Riordan (Citi) and Jermain Nooks (Investment…
StreamBank strengthens lending division with appointments
The lender has welcomed Halimah Nawaz and Kellan Allison as sales coordinators, increasing the strength and capacity of its internal sales operations. In their new roles, Nawaz and Allison will support brokers and StreamBank’s business development managers (BDMs), helping to manage cases and provide ongoing assistance throughout the lending journey. Both will report to…
M&G European Property Fund makes serviced apartment debut with German deals
M&G said the fund has completed or agreed more than €1.6 billion of acquisitions over the past nine months across core European cities. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an…
With New $250M Deal, Elme Is Fully Set To Liquidate
Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process. Elme Communities’ 1,222-unit Riverside Apartments at 5860 Cameron Run Terrace in Alexandria FPA Multifamily LLC has entered into an agreement to buy Riverside Apartments, a 1,222-unit…
