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BANGALORE LAND CASE
Apartment owners can't stop residents of another housing society from using common amenities if sale deed allows it, rules Karnataka HCApartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them...
NRI woman sold her property in Gujarat for Rs 21 lakh, tax dept sent notices, she missed them as she lived abroad; later she files case and wins in ITAT AhmedabadITAT overturns STCG tax on Gujarat house sale: When Kaminiben, an NRI from Anand, Gujarat, sold her house for Rs 21.4 lakh in AY 2018-19, w...
Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
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...
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...
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...
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...
NRI sells his Bangalore property for Rs 2.63 crore, declares Rs 16.33 lakh LTCG, gets tax notice; he fights and wins partial relief from ITAT for this reasonSold property for Rs 2.63 crore and reported Rs 16.33 lakh LTCG, claimed home loan interest, travel, water, electricity and brokerage as ex...
'I once coached Rahul Dravid': Meet Arun Pai, The Ugly Indian founder who spent 24 hours staring at a garbage dump, and changed how India cleans its streetsBengaluru's "Footpath Mayor," Arun Pai, transformed a personal frustration with civic apathy into a national cleanup movement. After observ...
Husband has to pay income tax for wife’s Rs 17-crore land sale deal due to this reason; ITAT Bangalore ruling explainedIn a recent ruling, the Income Tax Appellate Tribunal (ITAT) Bangalore held that a wife is exempt from income tax on the ₹17.26 crore sale ...
H D Kumaraswamy acquitted in land de-notification caseKumaraswamy had filed a petition seeking dismissal of the case contending that there was no proof to establish that he had de-notified the ...
Residential land prices increased by over 35 per cent in 2 years: SurveyPrices of land, which are used for development of residential projects in Mumbai, have appreciated by almost 35.2 per cent over the last tw...
- BS Yeddyurappa gets anticipatory bail in land denotification case
Yeddyurappa is the co-accused in the case along with Home Minister R Ashok, who today moved the high court seeking anticipatory bail.
- B S Yeddyurappa appears before Lokayukta court; case posted to June 30
B S Yeddyurappa & V Somanna today appeared before a Lokayukta court in a case relating to alleged irregularities in denotification of land.
- BJP's shame: BSY at centre of land scams
Yeddyurappa's administration is already under a cloud over allegations that it denotified state-owned land in and around the IT city to fav...
- AI gears up for winter with stand-by aircraft
If you happen to be one of the stranded air passengers this winter following flight cancellations due to fog, help is at hand.
- Bangalore's Rs 22,377cr worth