Mumbai: The Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) has held that two residential flats on different floors of the same building can qualify as ‘one residential house’ for claiming deduction under Section 54F of the Income-Tax Act.Section 54F provides for exemption from long-term capital gains arising from the transfer of a long-term capital…
The alleged frauds took place between April 2021 and March 2025 Mumbai: The MRA Marg police are probing two separate FIRs against 43 companies and some of their directors as well as five chartered accountants (CAs) in alleged international remittance frauds totalling Rs 7,380 crore between April 2021 and March 2025.The FIRs were lodged on…
Kalyan: Dombivli police have registered a case against investment firm Progain Rental Marketing Services Ltd and its director Prashant Angane and others for allegedly duping at least 68 investors of around Rs 7 crore by promising lucrative returns through different investment schemes.The case was registered on Sunday after at least 68 investors approached Dombivli police…
The inclusion of these four private colleges in the counselling process will add around 700 seats. Mumbai: With the second round of Maharashtra’s medical and dental admission process set to begin on Tuesday, uncertainty continues over the inclusion of seats from at least four private colleges — three medical and one dental.While the status of…
Bike taxis are gaining popularity among Mumbai commuters seeking faster and cheaper travel options. MUMBAI: At 8.45am outside Andheri railway station, the monsoon-dampened air is thick with exhaust fumes, blaring horns and long queues of frustrated commuters. As autorickshaws refuse short-distance rides and buses crawl through traffic, 26-year-old finance professional Sneha Kulkarni bypasses the chaos…
Homeopaths are now practicing modern medicine after receiving pharmacology certificates. The country’s first medical council-registered homeopath, Mankhurd-based Neha Pawar, has kept her shop closed for the past year. In its place stands a motor driving school. Pawar was given her certificate by the Maharashtra Medical Council (MMC) on Aug 3, despite severe pushback from the…
Comedian Kunal Kamra questioned Mumbai police about upholding the law during a potential protest MUMBAI: Comedian Kunal Kamra on Sunday asked Mumbai police when he could perform his stand-up in the “entertainment capital”, questioning whether the force would uphold the law if a mob tried to disrupt his show. Kamra said his proposed performance would…
(Representative image) Powai police arrested a SIM gallery sales executive as the eleventh accused in an engineering admission fraud case MUMBAI: Powai police arrested a SIM gallery sales executive, the 11th accused in an engineering admission fraud case registered on July 17, after allegedly finding that he supplied fraudsters with SIM cards activated without customers’…
Mumbai police requested CCTV at airport blind spots due to unsolved theft cases. MUMBAI: Amid unsolved airport theft cases, Sahar police have asked the city airport operator, Mumbai International Airport Ltd (MIAL), to install CCTV cameras at ‘blind spots’-areas with no surveillance between conveyor belts and aircraft loading points-where passengers’ checked-in baggage may be tampered…
Mumbai: Maharashtra’s public health department will henceforth factor annual performance, rather than seniority alone, into future postings and responsibilities of civil surgeons and district health officers.State health minister Prakash Abitkar said the department would conduct an objective annual assessment on a 100-point scale, with officers’ three-year performance report cards considered for future postings, allocation of…
