immovable assets

Enforcement Directorate conducted extensive raids across Maharashtra and Gujarat, targeting over 20 locations in a money laundering probe linked to drug trafficker Mohammad Salim Dola. Dola, recently extradited from Türkiye, is accused of running a transnational drug syndicate and is a close associate of Dawood Ibrahim.

Karnataka's D K Shivakumar has become the wealthiest chief minister in India, with declared assets totaling Rs 1,413 crore. His wealth has significantly increased since 2008, largely due to inherited land and property appreciation. Shivakumar's assets include substantial immovable and movable properties, with liabilities of Rs 265 crore.

Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks and reconciliation runs, using technology for ITR processing might trigger even small gaps, errors or incorrect claims and may lead to prompt questions.

Vigilance officials unearthed extensive landed and immovable assets belonging to executive engineer Bhubaneswar Sabar in Kalahandi district. Searches revealed 68 plots of land, five multi-storey buildings, two farmhouses, a market complex, and vehicles. Sabar, facing allegations of disproportionate assets, joined government service in 1999.

Accused Supplied Cannabis To Slum Clusters, Industrial Areas And Universities

LIC is undertaking a comprehensive review of its substantial real estate holdings, valued at over Rs 60,000 crore, to boost returns for policyholders and shareholders. The insurer is exploring options, including a potential separate subsidiary, to manage these assets more effectively. This strategic move aims to optimize yields from its vast property portfolio.