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ITAT MUMBAI PREITY ZINTA CASE
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...- Uddhav Thackeray alleges Ram Temple funds used to split partiesUddhav Thackeray has accused the BJP of siphoning donations from the Ram Temple, suggesting funds might be used to destabilize rival partie...
- RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
- Ayodhya temple donations row: Uddhav Thackeray announces ‘Ram Raksha’ protest in Maharashtra from July 5Shiv Sena (UBT) chief Uddhav Thackeray has announced a statewide "Ram Raksha" protest starting July 5, alleging embezzlement of donations a...
- Bombay High Court grants relief to Vadilal Mumbai branch in dispute over brand rightsThe Bombay High Court has granted interim protection to the Mumbai branch of Vadilal ice cream, recognizing its long-standing rights to the...
- Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interestOver 30 years ago in 1995, Amish Anantrai Modi had booked some shops in a project for a total consideration of Rs 25 lakh. In his complaint...
- Govt to amend Mumbai Police Act to plug loopholes misused by dance bars: Maha CM Devendra FadnavisMaharashtra Chief Minister Devendra Fadnavis announced plans to amend the Mumbai Police Act during the ongoing monsoon session to prevent d...
- Latest Malayalam, Tamil, Telugu, Kannada OTT releases: Blast to Baahubali: The Torchbearer, new movies and shows on Netflix, JioHotstar, Prime VideoThis week’s OTT releases bring a wide mix of content. Viewers can watch crime thrillers such as Lingam and Moondram Kan, enjoy martial arts...
- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- Tarun Tejpal case: Bombay High Court to hear concluding arguments by State of Goa on June 24During the Bombay High Court hearing on Tarun Tejpal's acquittal in a rape case, the State argued the complainant was "virtually put on tri...
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
- Bombay HC admits Preity Zinta plea against social media, AI firms in deepfake disputeThe Bombay High Court has permitted Preity Zinta to sue over a dozen firms, including social media and AI websites, for infringing her pers...
- Who is Mohsin Akhtar? Urmila Matondkar’s ex-husband marries Nidhaa Bhatt 2 years after divorce: ‘Pure intentions, honest love, and a heart full’Urmila Matondkar's ex-husband, Mohsin Akhtar, has remarried. The businessman and model tied the knot with Nidhaa Bhatt, sharing joyous pict...
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