I-T dept provisionally attaches property bought by former bureaucrat Ajoy Mehta
I-T dept provisionally attaches property bought by former bureaucrat Ajoy Mehta
The Income Tax department provisionally attached a property at Nariman Point in Mumbai. The property in question had been bought by former bureaucrat Ajoy Mehta.
advertisement
UPDATED: July 21, 2021 07:17 IST
The Income Tax department provisionally attached a property bought by former bureaucrat Ajoy Mehta in Mumbai. (Photo: File)
The Income Tax department has provisionally attached a
The property came under the Income Tax department s scanner over benami transactions.
The Income Tax department’s benami section had issued a show cause notice to the firm that sold the property to Mehta in a multi-crore deal. According to sources, the deal for the property was carried out between Mehta and an alleged shell company.
MUMBAI: The Enforcement Directorate (ED) recently recorded the statement of an accountant, Kishor Dewani, with whom former state home minister Anil Deshmukh’s son Salil owned land in Uran worth Rs 300 crore. The land was purchased from villagers in 2006, mostly by paying in cash.
While examining the land deal details, the ED learnt that the Deshmukh family had a dummy company through which they were controlling Premier Port Links Pvt Ltd, on whose name the land parcels were purchased. The Deshmukh family had no shareholding in Premier Port Links Pvt Ltd at that point of time, although Salil was one of the directors in the company. Kishor Dewani was managing the company on behalf of the Deshmukh family, ED sources said.
Qualcomm Signs Telangana s Largest SEZ Lease Agreement May 25, 2021, 16:17 IST
HYDERABAD: Qualcomm, a semiconductor and wireless technology company headquartered in the United States, is constructing a 1.6 million square feet -mega facility in Hyderabad. This will be Telangana s largest SEZ leasing contract and Qualcomm s largest facility in India.
According to the Visakhapatnam Special Economic Zone (VSEZ), the Qualcomm facility, which will be housed on 17 floors at the Sustain Properties Pvt Ltd SEZ in Raidurg being built by the K Raheja Group will cost Rs 3,904 crore and create around 8,700 jobs over the next five years. At a recent meeting, the unit approval committee of VSEZ gave their approval to the project. VSEZ covers all SEZs in Telangana.
An entrepreneur who stays ahead of his times! â Dr. KV Satish
The entrepreneur from southern India is prominently known for his intentional initiatives targeting the younger population in the last decade alone.
Share
Updated: May 5, 2021, 05:22 PM IST
India is known to be the youngest nation in the world with over 54% of the population below the age of 25 years. While world top agencies and policy makers are developing strategies targeting this demographic, there’s one iconic leader who foresaw this trend and times since the beginning of his entrepreneurial journey. Dr. KV Satish, Founder-Chairman of DS-MAX properties, the young and charismatic entrepreneur from southern India is prominently known for his intentional initiatives targeting the younger population in the last decade alone.
Sebi fines Rs 10L on 9 people for fraud trading in Pyramid Saimira shares business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.