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PENALTY FOR PURCHASING PROPERTY BELOW MARKET PRICE
Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...- Stocks in news: Waaree Energies, PB Fintech, Lemon Tree Hotels and Dr Lal PathLabsIndian equity markets saw significant declines, with the NSE Nifty 50 index dropping by over 380 points. PB Fintech experienced a sharp 36%...
- Leonard Ross bought the Beverly Hills Hearst Estate for $473,000 in 1976; 40 years later, he listed it for $195 million, but 5 years after that, the mansion headed to auctionLeonard Ross's Beverly Hills mansion was placed for auction due to accumulated debts exceeding $50 million. Initially listed for $195 milli...
- Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helpsFrom October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been lau...
- Johnny Depp's unusual love story with a 41-acre Kentucky estate: Sold for $1 million, bought back for $2 million and again sold for $1.36 millionJohnny Depp’s 41-acre Kentucky horse farm had an unusual journey through the actor’s real estate portfolio. He first bought the property in...
- In 2023, Matthew Perry bought his final LA home for $4.99 million; after it was listed for $5.195 million following his death, it eventually sold for $4.1 millionMatthew Perry’s final Los Angeles home has sold for $4.1 million after first hitting the market for $5.195 million. The Hollywood Hills pro...
- In 2012, Bank of America acquired a 20,900-square-foot Houston mansion through foreclosure for $2.12 million; 13 years later, after $14 million in renovations, it sold for up to $9 millionIn 2012, Bank of America picked up a 20,900-square-foot Houston mansion through foreclosure. The price was $2.12 million. That works out to...
- California’s 2.75-acre waterfront property is listed for $30 million. Four Belvedere parcels offer sweeping views of San Francisco and Golden Gate BridgeA rare piece of waterfront land in Belvedere has been listed for sale at $30 million. This listing encompasses four developable parcels, pr...
- Good Will Hunting actor Robin Williams once lived in this $4 million California waterfront home with 6 bedrooms, pool, spa and stunning Bay views; inside the property that later sold for $5.35 millionRobin Willaims the famous actor and comedian once lived in a luxurious $4 million home which had 6 bedrooms, 6.5 bathrooms, a pool and spa ...
- The View co-host Joy Behar listed her Hamptons home for $10.95 million in 2024; after multiple price cuts, the 1903 house finally sold for $5.65 millionJoy Behar has sold her 1903-built Sag Harbor, New York, home for $5.65 million after initially listing it for $10.95 million in November 20...
- Big Bang Theory star Johnny Galecki owned a 160-acre California ranch with a vineyard; after wildfire destroyed much of it, he listed the property for $825,000Big Bang Theory star Johnny Galecki owned a 160-acre California ranch with a vineyard; after wildfire destroyed much of it, he listed the p...
- Adam Levine bought a Montecito mansion for $52 million; three years later he sold it for $60 million after listing the estate for $65 millionAdam Levine and Behati Prinsloo sold their Montecito mansion for $60 million. They had purchased the Georgian-style estate for $52 million ...
- Jennifer Lopez and Ben Affleck bought a $135 million mansion for $60.85 million; three years later, their 5.2-acre estate is being offered for less than $50 millionJennifer Lopez and Ben Affleck's Beverly Crest estate is back on the market. The couple purchased the sprawling property for over sixty mil...
- A Connecticut mansion once owned by Mike Tyson and 50 Cent has now spent another year without a buyer at $9.9 million, after the estate previously sat on the market for 12 yearsA magnificent Connecticut mansion, formerly owned by boxing legend Mike Tyson and music mogul 50 Cent, has returned to the real estate mark...
- Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock surveyAnarock’s H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for large...
- In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action starIn the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star. The actor and ...
- Hulk Hogan's former Florida mansion listed for $11 million after the death of legend. He bought it for $3.33 million in 2012Hulk Hogan's former Clearwater Beach mansion was listed for $10.989 million in January 2026, months after his death, despite having been pu...
- Lori Loughlin and Mossimo Giannulli bought a Hidden Hills mansion for $9.5 million; after asking $14.95 million, they sold it for $12.65 millionLori Loughlin and Mossimo Giannulli’s Hidden Hills mansion sale stands out because it combines celebrity real estate, luxury living and a s...
- Florida couple bought 3 condos for $360,000 and now collects $4,530 a month in rent: How they built a 'very healthy' rental portfolioA couple in Florida bought three occupied condos for $360,000 in 2022, and the properties now generate $4,530 a month in rent. He shared ho...
- Dwayne Johnson bought his Georgia estate for $9.49 million; after a $6.95 million listing and another price cut, it sold for $6.1 millionDwayne Johnson’s Georgia estate sale is a compelling celebrity real estate story because the final numbers are so difficult to ignore. A pr...
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