Corporate Law

Shalimar mall proprietor alleges being framed in property tax case

The owner of Shalimar Mall, R K Aggarwal alleged that the mayor and MC residence have been appearing in a “malafide manner” towards him in relation to property tax on his property. He alleged that he had been named the largest defaulter, which used to be now not correct as Shalimar Mall had deposited Rs 7.5 lakh in excess. During a press convention at Press Club in Chandigarh on […]

Investment Law

Capital Gains Tax in India: An Explainer

In India, any income or achievement springing up from the sale of a capital asset is deemed as capital positive factors and is charged to tax beneath the Income-tax Act, 1961.  According to the Act, a capital asset is any variety of property held via an individual, such as buildings, lands, bonds, equities, debentures, and […]

Property News

Plea before Bombay High Court to Waive Property Tax due to Lockdown

On 25th May 2021 a plea by the Federation of Retail Traders Welfare Association has been filed before the Bombay High Court citing the issues of unemployment, huge loss and financial instability that the retail industry is facing right now due to the COVID 19 pandemic situation and lockdown. Advocates Dipesh Siroya and Jamshed Mistry, […]