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CERVIN V. COMMISSIONER OF INTERNAL REVENUE
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
boAt enters Sri Lanka, Bhutan; says international revenue more than doubled in FY26boAt has announced its entry into Sri Lanka and Bhutan with a range of personal audio products, smartwatches, and charging solutions. The c...- SC likely to hear Rahul Gandhi, INDIA bloc leader’s plea against ECI’s SIR decisions tomorrowThe Supreme Court is likely to hear a petition filed by Rahul Gandhi and 12 other INDIA bloc leaders challenging the Election Commission’s ...
- India must seek UNESCO tag for ports to mark oceanic journeys of girmitiyas: Fiji envoyFiji's High Commissioner to India, Jagnnath Sami, has urged the Centre to consider seeking UNESCO World Heritage recognition for Kolkata, V...
- School Assembly News Headlines, October 14, 2026: Check national, international, business, sports updates and thought of the daySchool assemblies are essential in keeping students updated on crucial happenings both nationally and globally. Recently, the Supreme Court...
- GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek ChaturvediVivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, va...
- In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
- Supreme Court agrees to hear plea challenging validity of law granting immunity to CEC, ECsA bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana issued notice to the Centre and the Election Commission seeki...
- Piyush Goyal questions Congress’s criticism of Election Commission amid SIR rowPiyush Goyal defended the Election Commission of India during a BJP press conference regarding Congress allegations. He emphasized the auto...
- Supreme Court defers hearing on Delhi protest curbs to ThursdayThe Supreme Court has delayed the hearing on pleas regarding protests against Chief Election Commissioner Gyanesh Kumar. Chief Justice Sury...
- In 2007, heirs sold a conservation easement on inherited farmland for $910,000, in 2013, they got a shock from US Tax CourtIn Van Alen v. Commissioner, decided on October 21, 2013, the court ruled in favour of the Internal Revenue Service (IRS). The dispute invo...
- Keralam Assembly to move resolution seeking removal of Chief Election Commissioner Gyanesh KumarThe Keralam Assembly is set to propose a resolution urging the removal of Chief Election Commissioner Gyanesh Kumar. This resolution includ...
- Delhi protests: SC says petitioners seeking contempt action against authorities have made out 'prima-facie' caseThe Supreme Court has stated that contempt petitioners have established a prima-facie case regarding metro and train service violations. No...
- CJP protest: Abhijeet Dipke, Dhruv Rathee, Kavya Karnatac to Pinarayi Vijayan, Arvind Kejriwal, Mamata Banerjee, full list of leaders and creators detainedA significant security crackdown in Delhi led to the detention of multiple political leaders and activists. Among those detained were promi...
- In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
- Nobel Peace Prize 2026: Who is Indian origin South African jurist Navanethem "Navi" Pillay?Navanethem Navi Pillay has been awarded the 2026 Nobel Peace Prize for her human rights advocacy. Her career includes landmark cases and ro...
- In 1972, US investor received property, agreed to swap it same day, IRS challenged his tax treatment: Why court couldn't tax the exchangeThis case involves Joseph R. Bolker and his property called Montebello. Things got complicated and the issue eventually went all the way to...
- CJI Surya Kant says SC will examine plea seeking recall of split verdict on poll panel lawThe Supreme Court will examine an application seeking recall of its September 23 split verdict on challenges to the 2023 law governing appo...
- SC to examine plea for recall of split verdict on law governing appointment of CEC, ECsThe Supreme Court is set to examine a plea regarding the recall of a recent split verdict. This split verdict pertains to the validity of a...
- Retailers post high double-digit revenue growth in Q2 despite festive season shiftRetail companies have shown strong revenue growth in the July-September quarter of 2026. Avenue Supermarts Ltd reported an 18.4 per cent in...
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