Mayor Firhad Hakim has distanced himself from notices issued by the Kolkata Municipal Corporation (KMC) to properties allegedly linked to TMC leader Abhishek Banerjee, asserting that such matters are handled by the civic body's executive wing.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.
The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.
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The Chhatrapati Sambhajinagar Municipal Corporation demolished alleged illegal constructions at the residence and other properties of AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a TCS case.
The Allahabad high court has delivered a split verdict on the controversial practice of "bulldozer justice," involving the punitive demolition of properties linked to accused persons. Two judges, Justice Atul Sreedharan and Justice Siddharth Nandan, expressed differing views on whether a stay on demolitions can be issued, leading the matter to be referred to the Chief Justice for a third judge's opinion.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Taxpayers must provide more details to support deduction and exemption claims.
Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Delhi Police is conducting an extensive investigation into the July 20 clashes, utilising thousands of videos, social media broadcasts, and mobile phone records to identify culprits and determine if the violence was pre-planned. The probe also focuses on identifying over 480 Pakistan-based social media handles allegedly spreading misinformation to instigate students during the protests.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions
The Supreme Court on Thursday refused to consider a batch of contempt petitions alleging that demolitions were carried out in violation of its 2024 judgment and asked aggrieved parties to approach the high courts concerned.
Tax treatment depends on the activity and manner of earning income.
The Lucknow Development Authority has served a notice to the owner of the Aliganj building where a recent fire claimed 15 lives, citing alleged building bylaw violations and unauthorised commercial use. The LDA is also investigating its own officials for previously withdrawing a demolition order against the same property in 2016, while police have arrested four individuals in connection with the tragedy.
A non-cognisable case has been registered against a lawyer for allegedly using Maharashtra minister Chhagan Bhujbal's official residence address in a public notice for a private property development project, leading to a complaint from the minister's office regarding security and administrative breach.
Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
Wayne Chung, senior investigator at the city's Intellectual Property Investigation Bureau, told reporters on Thursday that 230,000 items had been seized.
The population is gripped by anxiety against arbitrariness and the cruelty of a state that sells its actions as minimum government, asserts Aakar Patel.
Rajasthan Police has launched a significant crackdown on organised crime, initiating proceedings to attach illegally acquired assets worth over Rs 220 crore. The action targets 636 criminals, including drug traffickers, and involves asset seizures, demolition drives, and the use of new legal provisions to dismantle economic networks and return confiscated properties to victims.
Following a fatal stabbing on a Mumbai local train, the Maharashtra government has announced plans to expand CCTV coverage, strengthen police patrolling, and implement other safety measures across the suburban railway network. The state also highlighted the quick arrest of the accused using facial recognition technology and ongoing efforts for passenger and women's safety.
Shiv Sena (UBT) leader Sanjay Raut has alleged that rebel MPs from his party received an additional Rs 10 crore each and were moved to a safe location in Rajasthan. This comes as six of the nine Sena (UBT) Lok Sabha MPs skipped a crucial parliamentary party meeting, indicating a potential split and crossover to the Eknath Shinde-led Shiv Sena. Raut also warned of 'Operation Tudwa' against the dissidents and demanded their resignation.
The Supreme Court has sought responses from the Centre and States regarding a plea alleging the misuse of Aadhaar cards as proof of citizenship, domicile, and residential address. The petition argues that despite legal provisions, Aadhaar is being used for purposes beyond identity verification, potentially aiding illegal immigrants, and calls for a comprehensive overhaul of electoral verification processes.
The Jharkhand State Housing Board has issued a notice to former India cricket captain Mahendra Singh Dhoni regarding the alleged misuse of a residential plot in Ranchi for commercial purposes.
A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.
This marks a significant step towards legally safeguarding the cultural and spiritual identity of one of Hinduism's most revered pilgrimage centres.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Rajasthan Police in Pratapgarh has frozen assets worth approximately Rs 80 lakh belonging to an alleged drug trafficker, Asad Iqbal, under the SAFEMA and NDPS Act. The action, part of 'Operation Trinetra', followed a financial investigation into his illegal earnings from inter-state drug trafficking, after his arrest for opium possession.
No one can do this, the Gujarat high court said on Monday, questioning how former cricketer and Trinamool Congress MP Yusuf Pathan occupied public land in Vadodara without paying a single penny, even after the state government had refused the allotment proposal.
Authorities in Chhatrapati Sambhajinagar demolished illegal constructions belonging to AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a Nashik TCS case.
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A technical expert from Ahmedpur Municipal Council in Latur has been booked for allegedly demanding and accepting a bribe for regularising a plot under the Pradhan Mantri Awas Yojana.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
Punjab minister Sanjeev Arora has been sent to judicial custody for two weeks in connection with an alleged Rs 100-crore money laundering case. The Enforcement Directorate produced Arora before the court after completing his extended remand. The minister's next court appearance is scheduled for June 1st.
