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Ajmera Realty & Infra India Ltd on Thursday reported a 7 per cent growth in sale bookings to Rs 270 crore in the December quarter on better housing demand. Its sale bookings or pre-sales stood at Rs 253 crore in the year-ago period. During the April-Decrmber period of 2024-25 fiscal, the company's sale bookings were up 14 per cent to Rs 830 crore from Rs 730 crore in the corresponding period of the preceding year, according to a regulatory filing. Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd, said, the company delivered a steady performance in December quarter, with sales driven by recently launched portfolio and limited inventory availability across projects. "The launched portfolio velocity contributed over 40 per cent to our sales during the nine-month period, demonstrating our ability to align with market expectations," he said. Looking ahead, Dhaval Ajmera said the company is optimistic about launching new projects in the upcoming quarter. "The company is ...
The Income Tax Department on Monday said it has found mismatch between rent paid by salaried employees vis-a-vis rent received by the recipient for 2020-21 fiscal year and conducted data analysis for high-value cases. Refuting reports that there is a special drive by the department to reopen cases regarding House Rent Allowance (HRA), the Central Board of Direct Taxes (CBDT) said the verification of rent paid by the tenant and the rent received by the recipient was done in a "small number" of cases. "Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21. This verification was done in a small number of cases without re-opening bulk of cases, especially since Updated Return for FY 2020-21(AY 2021-22) could have been filed by the taxpayers concerned only till 31.03.2024," the CBDT said in a statement. The objective of the e-verification was to alert cases of mismatches of ...