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IndiaTimes of India ·

Mumbai woman's Rs 7.5 crore property purchase from share gains draws tax scrutiny

A Mumbai woman sold unlisted shares and declared long-term capital gains of Rs 8.31 crore. In June 2021, she invested Rs 6.91 crore in a residential property on Juhu Tara Road to claim tax exemption under Section 54F. However, tax authorities raised concerns after discovering the property was registered in her husband's name. The Income Tax department issued a notice questioning the validity of her exemption claim, since the purchased asset was not in her own name. The case highlights the importance of ensuring property ownership aligns with the taxpayer's name when claiming capital gains exemptions.

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IndiaNDTV ·

LSR Alumna Revisits Campus Harassment 20 Years Later, Calls for Real Safety

A former Lady Shri Ram College student has shared her personal account of experiencing harassment during her time at the institution, two decades after the incidents occurred. Writing in an opinion piece for NDTV, she reflects on how those memories have remained vivid and unresolved over the years. Her account highlights the broader issue of women's safety in public and institutional spaces. She argues that restricting women's movement is not a solution to the problem of unsafe environments. The piece calls for addressing the root causes of harassment rather than placing the burden of safety on women themselves.

Rajnath Singh cautions against ‘perimeter fallacy’, highlights India’s shift to deterrence by punishment · ShortSingh