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STATUTORY TRANSFERS
Maharashtra govt orders strict action against builders over MHADA homesMaharashtra government directs stringent legal action against developers for delayed MHADA home transfers. Stricter measures, including jai...- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- US plans up to $150 million legal support for unaccompanied migrant childrenThe US Department of Health and Human Services plans to award up to $150 million to Houston-based Burke Law Group to provide legal represen...
- Wife paid husband Rs 7.5 crore after selling her shares and bought his Mumbai property, filed ITR claiming 54F tax exemption, got tax notice; she fought and won the case in ITAT MumbaiWife got tax notice as she claimed Section 54F tax exemption by purchasing her husband’s own Mumbai property for Rs 7.5 crore; ITAT Mumbai ...
- Mega transport project back on track in Pune as civic body invites bids for consultantsPune Municipal Corporation has ramped up efforts to revive the long-overdue High Capacity Mass Transit Route project, marking a significant...
- JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...
- Companies may soon get to retain legal identity in flipbacksA parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to Ind...
- Sebi clarifies off-market sale of unlisted shares to up to 200 buyers not a public issueSebi has stated that off-market transactions involving share sales are distinct from public issues, particularly when current shareholders ...
- Confused about ITR forms? Here's how to pick the correct ITR for AY 2026-27Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house proper...
- Property seller's family challenged 15-bigha land sale, authorities ordered cancellation of sale deed; Supreme Court restores buyer's right, says registered sale deed can't be discarded for these reasonsInconsistency in witness testimony led to a 1957 executed registered sale deed being ordered for cancellation and a long battle for buyer t...
- Temple property fraud: Former officials and sub-registrars among 19 accused in temple land scam in TNA criminal case has been filed against nineteen individuals for illegally transferring temple property. Two former revenue officials and tw...
- Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54FMany taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house...
- Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
- 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,...
- Anti-paper leak Bill proposes tougher action against exam centres, agencies & institutionsNew legislation proposes significantly tighter penalties for examination authorities and service providers. Fines for service providers cou...
- EPFO paid lesser EPS money than what was shown in passbook; Consumer commission orders it to pay Rs 1000 compensation and 9% interestEPFO underpaid school employee's EPS; he files case and wins in consumer commission as commission ruled that the correct factor for his per...
- ITR filing deadline FY 2025-26: Due dates, penalties, and what happens if you miss July 31 deadlineTaxpayers will file Income Tax Returns for FY 2025-26 under the Income-tax Act, 1961. The due date for most individuals is July 31, 2026, w...
- Registration of redevelopment agreement alone doesn’t trigger tax, rules ITATMumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse pr...
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