Bought Flats For ₹2.25 Crore, Received IT Dept Notice of ₹5.80 Crore

“Bought two flats for ₹2.25 crore in 2007. Received tax notice for ₹5.80 crore in 2020 just because stamp duty value jumped. How a single DVO report and the 10% tolerance rule saved both brothers from a massive tax bill — the full story.”

Bombay High Court Slams BMC for ‘Bureaucratic Lethargy’: Dismisses Appeal After 1,526-Day Delay in Property Tax Case

The Bombay High Court has sharply criticised the BMC for a 1,526-day delay in a property tax appeal, calling its excuses unacceptable and dismissing the case, warning that such lethargy could cost the city vital revenue.