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VACATIONS SALE AGREEMENT
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...
Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
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 ...
Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigateProperty ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyer...
Delhi High Court restrains Cambro Nilkamal from selling 'Stella' induction cooktopsThe Delhi High Court has reinstated an injunction against Cambro Nilkamal, preventing them from selling induction cooktops under the brand ...
Tenant staying after lease expiry? When landlords can evict with just 15 days’ noticeIndian landlords must provide a 15-day eviction notice to tenants who remain after a lease expires, especially in month-to-month tenancies....
Paid Rs 60,000 for a five-year resort package but got no booking? Why State Consumer Commission rejected his claimA man paid Rs 60,000 for a five-year resort vacation plan, expecting 21 days of free lodging annually. However, the resort denied bookings,...
Assam govt to acquire Hindustan Paper assets, provide Rs 570-cr package to employeesAs per the agreement, the Assam government will approach the NCLT through the official liquidator for taking over all the assets of the mil...
Defence Ministry frees spectrum worth Rs 30,000 crore for upcoming auctionAll ministries and departments like Aviation, Space, Prasar Bharti, Defence, Telecom etc that are holding spectrum were asked to harmonise ...
Government likely to offer one slot of 3G spectrum for auctionThe defence ministry has agreed to vacate 5 MHz of 3G airwaves in the 2100 MHz band for the telecom department to auction it.
Defence may free only 25% of total 3G spectrum desired by DoTThe Defence Ministry may release only 5 Mhz of 3G spectrum, one fourth of total quantity sought by DoT for conducting auction in 17 out of ...
Trai recommendations on 3G spectrum may be out by early JanuarySectoral regulator Trai is expected to give recommendations for base price and valuation of 3G spectrum by early January as the government ...
Ravi Shankar Prasad to meet Manohar Parrikar soon to resolve spectrum row"I propose to meet the Defence Minister shortly," Prasad told reporters after his review meeting on spectrum availability and related issue...
- 3G auction may be delayed again
DoT and the Defence ministry will require more time to coordinate and assign the airwaves vacated by the armed forces.
- Mumbai SEZ moves HC over Raigad land buy
Mumbai SEZ moved the vacation bench of the Bombay High Court seeking a direction to the state government to quickly complete the process of...
- Govt seeks to become party between warring Ambani brothers
Government is seeking to become party to the court case between Mukesh and Anil Ambani. Young Billionaires | Top 10 Global Brands | RIL's f...
- RIL won't be able to sell KG basin gas till July
The Bombay High Court has maintained status quo in the long-drawn out legal battle between Reliance Natural Resources and Reliance Industri...
- HC to settle RNRL-RIL case next week
after hearing appeals from both the Ambani camps, the Bombay High Court on Wednesday adjourned the long-pending RNRL-RIL gas dispute case f...
- KG Basin gas row set to escalate
The court battle over the KG Basin gas between RIL and RNRL is set to take a new twist with a third player, the government, set to make an ...
- Shourie seeks AG’s advice on ITDC hotel sale
THE government would seek vacation of the interim stay by next week on sale of two hotels of India Tourism Development Corporation at Madur...