Tax notice for Rs 9.04L leave encashment cancelled
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
RPG Group chairman Harsh Goenka has suggested that Tata Sons park its surplus funds in fixed deposits. His remark was offered as advice to the Tata group's holding company. The guidance centres on low-risk, stable options for holding idle money rather than more aggressive investments. The original article text provided was empty, so the summary is limited to the headline's core claim.
A property owner sold a redeveloped flat for Rs 1.95 crore and reported that no tax was paid on the transaction. The sale and the absence of tax liability were highlighted in a report by the Economic Times. The case centers on how capital gains rules apply to redeveloped residential property. The article's text was not provided, so the specific reasons for the exemption could not be confirmed.
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