Bombay HC holds housewife was a mere joint proprietor, quashes I-T reassessment order

The Bombay Excessive Court docket has nullified a reassessment order in opposition to a housewife, noting that the property was bought solely by her husband. The Earnings-tax (I-T) authorities, on noting a high-value transaction of buy of property valued at greater than Rs. 30 lakhs, had held that revenue had escaped evaluation. Thus, a reassessment […]

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Senior Residents Act not a device to settle property row: Bombay excessive courtroom | India Information

MUMBAI: Bombay excessive courtroom held that the essential concept behind Senior Residents Act is to not nullify a validly executed present deed, however to make sure that the aged mother and father are restored the residence rights in the home that was gifted to the kid/ren.The judgment is critical, stated authorized specialists. HC single-judge bench […]

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