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CHENNAI PROPERTY DISPUTE
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled itAn Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...
- TVK chief Vijay declares assets worth Rs 603 crore, spouse's assets total Rs 15.76 croreIn the affidavit submitted to the Returning Officer, the 52-year-old actor-politician disclosed that he possesses movable assets valued at ...
- Father gave elder son POA and property settlement deeds; younger brother files forgery case against him and nephew files civil case; SC orders criminal trialThe Supreme Court has revived a criminal forgery case concerning family property settlement deeds. This landmark ruling allows criminal pro...
- Govt scraps mandatory probate of wills: Is voluntary probate still a smart move?The Indian government has removed the mandatory requirement for probate of wills. This change simplifies succession planning for Hindus, Bu...
- Chennai man calls family ‘manipulative and toxic’ for pressuring him to invest in brother’s property. He seeks internet's adviceA Chennai man seeks advice on Reddit. His family pressures him to fund a joint property with his estranged elder brother. He moved away to ...
- 250 year-old Madras Race Club sealed after Rs 730 crore rent arrears; 500 horses left locked inside stablesThe historic Madras Race Club in Guindy faces eviction after the Tamil Nadu government revoked its 99-year lease due to alleged violations ...
- Rajinikanth pays property tax to civic body; expresses regret over approaching the Madras HCThe Greater Chennai Corporation (GCC) on Thursday confirmed that actor Rajinikanth paid Rs 6.5 lakh as property tax for his Raghavendra mar...
- "Mistake could have been avoided," says Rajinikanth on approaching HC over property tax demand"Experience is a lesson," nevertheless he said on his Twitter handle in an apparent apologetic tone, a day after the Madras High Court warn...
- Realtors may get GST relief on development rightsThis gives real estate developers an opening to explore similar relief under GST through representations to the government or through judic...
- Jayalalithaa didn't leave a will: So, who's the legal heir?This does not include gold and silver ornaments the court seized from her. The issue is pending in Supreme Court, which on June 7 reserved ...
- Shardul Amarchand Mangaldas Elevates 17 lawyers as PartnersThe firm has announced to open it’s Chennai office and GV Anand Bhushan will be head of firm’s newly opened south operation.
- US 'Special 301' process on IPR a unilateral measure: Nirmala SitharamanThe highest number of applications are pending in Delhi office (88,297) followed by Chennai (78,405), Kolkata (39,911) and Mumbai (31,058).
- Plea moved in SC for shifting Jayalalithaa to Chennai jailThe petition, filed by a journalist, submitted the transfer of a prisoner from one prison to another is permissible under law .
- Nokia wants early permission to sell off its Chennai plantNokia wants early permission to sell off its plant in Chennai and put the money from the deal in escrow account till the time its tax dispu...
- Isle of Man rejects Niranjan Hiranandani’s appealHirco Plc, a property investment fund, is now looking to publicly try its claims of financial fraud, and recover damages in excess of 300 m...
- IPAB set to decide on 16-yr-old dispute over the brand name Original ChoiceThe producers of Officer’s Choice whisky had challenged the use of the brand name that sounds and looks similar to its name.
- Tax rebate allowed on capital gains after property saleITAT of Chennai had held that interest on home loans will continue to remain out of the tax net even if the house is sold later.
- IPAB centre likely to come up in Mumbai, Delhi and KolkataThe government may need to set up permanent centres of the country’s nodal body monitoring disputes related to intellectual property rights...
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