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Income Tax Department scrutinises ₹3.12 lakh crore property transactions

The Income Tax Department scrutinises ₹3.12 lakh crore worth of property transactions in North-West India to address reporting irregularities and tax evasion.

By Arunima Nair

  • Apr 24, 2026 12:01 PM IST
  • 1185 Views
Gurugram Property Deals Scrutiny Reveals ₹3 Lakh Crore Tax Gap

Gurugram property deals are under investigation by the Income Tax department, exposing a ₹3 lakh crore gap in revenue reporting across North India this April.

By Priya Kataria

  • Apr 19, 2026 19:01 PM IST
  • 1220 Views
Corporate tax demands impact Shree Cement, Ansal Housing, and Kesoram

Corporate tax demands hit Shree Cement, Ansal Housing, and Kesoram as firms plan legal challenges, reflecting a broader push for tax compliance in India.

By Rajesh Aher

  • Apr 17, 2026 18:31 PM IST
  • 1194 Views
Capital gains tax exemption confirmed for Mumbai residential property sales

Capital gains tax exemption for equal sale and purchase prices is upheld by the ITAT, providing relief to Mumbai homeowners in recent tax dispute rulings.

By Suhas Kataria

  • Apr 14, 2026 15:33 PM IST
  • 1201 Views
Income Tax Department Uncovers Major Property Transaction Lapses Worth ₹5,500 Crore Across Nagpur's Sub-Registrar Offices

Income Tax Department investigation reveals massive underreporting of real estate transactions worth ₹5,500 crore across Nagpur's sub-registrar offices, exposing systematic failures in mandatory financial disclosure requirements.

By Admin

  • 23rd Aug 2025
  • 1871 Views
RERA Enforcement Intensifies as Haryana Authority Orders ₹17.73 Lakh Refund Including Interest for Cash Transaction

Haryana RERA directs Panipat developer to refund ₹10 lakh cash payment with ₹7.73 lakh interest while referring case to Income Tax Department for black money investigation.

By Admin

  • 20th Aug 2025
  • 1392 Views
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