In 1930, former Maine governor Percival Baxter began buying land around Mount Katahdin; 32 years later, he had donated about 201,000 acres and left millions to keep them wildPercival Baxter, a wealthy Mainer, dedicated his life to protecting Mount Katahdin. He spent his inheritance buying and donating land for c...
29 Jul, 2026, 05.44 PM IST
Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
29 Jul, 2026, 11.21 AM IST
In 1999, a farmer donated land for a children's park, now it's home to a $1 billion data center sparking a bitter community fightTaylor data center controversy: A ten-dollar land deal for a future park in Taylor, Texas, now faces a billion-dollar data center proposal....
28 Jul, 2026, 08.50 PM IST
Save income tax when filing ITR for AY 2026-2027 by claiming Section 54 or 54F benefits if you sold land, house property or equity shares; Know howIndian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential p...
27 Jul, 2026, 03.06 PM IST
Renting a home? Key rights every tenant and landlord should knowA recent Supreme Court ruling bolsters landlord positions in eviction disputes across India. This decision clarifies ownership proof requir...
27 Jul, 2026, 11.40 AM IST
Housing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situationHomebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,...
27 Jul, 2026, 10.55 AM IST
AIADMK demands CBI probe over alleged Rs 100 crore Palani temple land scamAIADMK protested alleged fraudulent transfer of Palani temple land worth Rs 100 crore. Senior leader Dindigul C Sreenivasan led the demonst...
25 Jul, 2026, 08.00 PM IST
Homebuyer finds water leakages and seepage issues weeks after buying flat; Telangana RERA orders builder to relay terrace flooring, carry out waterproofing workBuilder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolv...
25 Jul, 2026, 12.27 PM IST
US-based daughter goes to court against parents, seeking share in family land; Karnataka HC rejects her claim; here’s whyDaughter married and settled in USA lost partition case in HC for getting share in family lands in Bengaluru for this reason; Know more. Kn...
25 Jul, 2026, 11.38 AM IST
Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
25 Jul, 2026, 07.55 AM IST
Prestige Group acquires 2.35-acre land in Mumbai's MulundThe transaction was executed through Prestige Mulund Realty Pvt Ltd, which acquired the property from Shamvik Glasstech Pvt Ltd and General...
24 Jul, 2026, 08.31 PM IST
Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reasonTo purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange...
24 Jul, 2026, 12.46 PM IST
How a Pennsylvania couple turns struggling hog farm into $22 million fortuneRural American land values are rapidly increasing due to AI data center expansion. A Pennsylvania family sold their hog farm for over twent...
24 Jul, 2026, 12.19 PM IST
Punjab simplifies property registration language, replaces 35 complex revenue termsPunjab has replaced thirty-five complex revenue terms with simple Punjabi words. This move aims to make property registration documents eas...
19 Jul, 2026, 05.22 PM IST
Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...
14 Jul, 2026, 03.19 PM IST
Son denies share of ancestral property to 6 half sisters; Andhra Pradesh HC give relief to the sisters and orders property partitionSix half-sisters have won their rightful share in ancestral properties. The Andhra Pradesh High Court rejected their half-brother's claims ...
14 Jul, 2026, 07.27 AM IST
Can a property buyer be evicted if the seller's title is forged or defective? Know what the law saysA Supreme Court ruling protected a buyer from criminal charges in a forged Will case. The court stated criminal liability requires buyer kn...
13 Jul, 2026, 11.33 AM IST