While allowing deduction u/s 54 of the Income tax Act, the New Delhi ITAT explained that under the light of section 54, exemption of capital gain from being charged to income tax as income of the.
Amid opposition concerns about their impact on fair elections, former Election Commission officials are of the view that the poll body is empowered to intervene if the actions of ED and income tax department substantially disrupt the level playing field.
Former Tamil Nadu Minister V Senthil Balaji s remand was extended till March 18 by a sessions court in connection with a money laundering case. The court also scheduled the hearing on a discharge petition filed by Balaji for the same day. Meanwhile, the Madras High Court issued a notice to the Enforcement Directorate on Balaji s revision petition challenging a lower court s decision to dismiss his plea to defer the trial. Balaji was arrested by the ED in June 2023 in connection with a cash-for-jobs scam when he was the Transport Minister in an earlier AIADMK regime.
No bail for Senthilbalaji, Madras High Court dismisses his plea thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The Madras High Court dismissed the bail application filed by former DMK minister V Senthil Balaji, arrested last year by the Enforcement Directorate in a case of money laundering.