The iconic Taj Mahal Palace and Tower hotel of the company in south Mumbai does not have any guests at present and only minimal staff are present to ensure upkeep of the property.
"We cannot allow people to reside in guesthouses or any other place other than their own house," said Justice Yogesh Khanna who further stated that "preservation of site" pursuant to a criminal proceeding did not mean locking up the place.
Trump said that Mar-a-Lago in Palm Beach was "occupied by a large group of FBI agents".
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
At least 40 people, including 20 police personnel, were injured during the clashes, the police said on Saturday.
"The day Crime Branch took Raj Kundra to his Mumbai home for the searches, the Shilpa Shetty was questioned too. Shilpa was very upset after the interrogation. She and Kundra had a huge argument where she shouted and asked him what was the need of doing such a thing and why he did everything. The Crime Branch team had to intervene between the couple to pacify the actress," the sources said.
.jpg)
The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's image as an investment destination. The company, which is now known as Capricorn Energy PLC, in a statement said it has received "net proceeds of $1.06 billion", of which nearly 70 per cent will be returned to the shareholders. The tax department had used a 2012 legislation, which gave it powers to go back 50 years and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India, to seek Rs 10,247 crore in taxes from Cairn.
Acquisitions may have played a role in much of the increase.
Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.
It has also attached fresh 66 banks accounts, holding deposits of Rs 80.07 crore, of the Gitanjali group, owned by Modi's uncle Mehul Choksi.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
22 bodies, 13 from Kottayam district and 9 from Idukki were recovered from various rain-hit areas while National Disaster Response Force teams continued their rescue operations.
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Chief Minister Stalin seems to have drawn a line between his personal beliefs and those of others in the family, beginning with wife Durga Stalin, observes N Sathiya Moorthy.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
The shutdown has been complete in not only major cities like Kohima, Dimapur and Mokokchung, but even smaller towns such as Tuli, Jalukie, Pfutsero, CNCCI president Khekugha Muru told PTI.
During enquiry, it was found that a quarrel had taken place allegedly between Sushil Kumar, Ajay, Prince Dalal, Sonu, Sagar, Amit Kumar, and others in the parking area of the Chhatrasal Stadium in North Delhi.
Addressing a rally in support of the Citizenship (Amendment) Act in Kanpur, Adityanath said, "These people do not have courage to participate in the protests themselves. They know if they indulge in vandalism, their property will be seized. Now what have they done? "They started making the women sit at roads. The children have been made to sit. It's such a big crime that the men are sleeping under the quilt and the women are made to sit at roads. It is shameful," he said.
The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
In an apparent bid to reach out to Dalit voters, Aam Aadmi Party national convener Arvind Kejriwal on Friday urged people to remember Dr Bhim Rao Ambedkar while voting in next month's assembly polls and said he "worships" the leader.
While rescue efforts are on in full swing, the narrow tunnel and the massive slush that was brought down by the glacial flood are hampering rescue operations, confirm Swati Bhadauria, the district collector of Chamoli, and Yashwant Singh Chauhan, the superintendent of police.
The fact finding panel headed by retired District Judge Srikanth D Babaladi, had retired IAS officer Madan Gopal, retired IFS officer R Raju among others which include retired bureaucrats, journalists, advocates, professors and social workers.
A French doctor treating former Formula One champion Michael Schumacher said on Thursday that the German driver was making progress, but will need years to recover.
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
The authorities have received the opinion of structural engineers, and would start removing exotic fittings, valuable fixtures, window grills and other utensils, as per their advice. They also found cushions, glass frames, a plush swimming pool and a spa, furniture made from Burma teak.
'The act of demolition, for whatever reason, was far too hasty without even giving an opportunity of an appeal.'
The Uttar Pradesh Police had said on Saturday that it would invoke the stringent National Security Act and Gangster Act against those accused in the killing of the 46-year-old man.
India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections. Net collections of direct taxes until March 16, 2022, in the fiscal year that started on April 1, 2021, stood at Rs 13.63 lakh crore compared to Rs 9.18 lakh crore in the same period a year back, an official statement said. The net collections in direct taxes, which is made up of income tax on individual income, corporation tax on profits of companies, property tax, inheritance tax and gift tax, in the current fiscal is 35 per cent higher than the collection of Rs 9.56 lakh crore in the pre-pandemic year of 2019-20 (April 2019 to March 2020).
Finance Minister Nirmala Sitharaman on Thursday reiterated that an international arbitration ruling on India's sovereign right to taxation sets the wrong precedent, but said the government is looking at how best it can sort out the issue arising out of New Delhi being ordered to return $1.2 billion plus interest and cost to UK's Cairn Energy Plc. The government, which participated in an international arbitration brought by the Scottish firm against being taxed retrospectively, has appealed against The Hague based tribunal's ruling asking the government to return the value of shares expropriated and liquidated, tax refunds withheld and dividend seized to recover a wrongly levied retroactive tax demand.
The posters reading "Modiji humare bachon ki vaccine videsh kyu bhej diya (PM why did you send vaccines of our children to foreign countries?)" were plastered in several parts of the city
The ED on Wednesday said it has seized cash amounting to over Rs 10 crore, including about Rs 8 crore from a relative of Punjab Chief Minister Charanjit Singh Channi, during raids conducted in connection with an anti-money laundering investigation against illegal sand-mining operations in the poll-bound state.
Pakistan's Sohail to return home after injury ends England tour
The bench asked the group to submit within 15 days a valuation report of movable and immovable properties of its managing director and directors.
Roy's plea was mentioned before a bench comprising justices K S Radhakrishnan and J S Khehar which said he has to appear on Wednesday.
Nothing has ever been done to make bank officers accountable, except for the rare actions when there is a public controversy, argues Debashis Basu.
China's GDP jumped a record 18.3 per cent in the first quarter of 2021, riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 when Covid-19 stalled the world's second-largest economy, according to statistics released on Friday.
With demand drying up, hotels are surviving on quarantine centres and isolation facilities.
The notices were issued on Tuesday after damage of nearly Rs 25 lakh was assessed across the district by the police and the administration.
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
UK's Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an international arbitration award and returns the value of loss it incurred because of being taxed retrospectively, sources said. The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan. In 2006-07, it listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances