In a setback to megastar Amitabh Bachchan, the Supreme Court on Wednesday allowed the Income Tax department to reopen a tax case against him pertaining to his income for the assessment year......
R V Chandramouli, a retired IAS officer, was Gujarat's home secretary when President Fakhruddin Ali Ahmed declared a state of Emergency in the country on June 25-26, 1975. Chandramouli recounts......
The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......
'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'Tinesh Bhasin reports. Photograph: Reuters Recently, the Income-Tax......
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief. The rationalisation of property-related taxes is the most significant sop that stand-in......
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability. The Income Tax Appellate Tribunal, Mumbai, has ruled in favour of cricketing star Sachin......
Cooperative societies get more tax benefits as compared to individual house owners. Members of cooperative housing societies, going in for redevelopment, can stop worrying about the tax on the......
Voted out in the final of the Indian Idol competition, Amit Sana is still a very happy young man. The Sony Entertainment Television talent hunt gave him the room to expand from classical singing to......
He may have been missing from Bollywood after Bandit Queen, way back in 1994. But when filmmaker Shekhar Kapur speaks, everyone listens.Of course, the fact that he is the only director to make it......
- Warner Park in Basseterre, St. Kitts became the ninth ground to host a Test match in the Caribbean islands after Kensington Oval (Bridgetown, Barbados), Queen's Park Oval (Port-of-Spain,......
It is difficult to say which of them is more popular -- Pat Cash or Pat Cash's chequered bandana, which also has his signature on it.At the Nungambakkam tennis stadium in Chennai on Sunday, a lot......
Just across the Arabian Sea, on Mumbai's famous Marine Drive, the ground floor atSt James Court is buzzing with activity. About 50 people, half answering phone calls and the other half making them,......