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HOME BUYERS TAX LIABILITY
NRI woman declared Rs 43,796 income in ITR but didn’t report Rs 14 lakh interest; faced 200% penalty – how she got it reduced to 50% in ITATThe NRI woman's advocate explained that she is a 57-year-old lady with limited technological knowledge and had entrusted an accountant with...
Advance tax deadline today: What will be the consequences if you miss September 15, 2026, due date?The second advance tax instalment deadline is September 15, 2026. Failure to pay by this date incurs penal interest charges. Advance tax is...
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...
Builder fined Rs 1.03 crore by Telangana RERA for unregistered, unfinished villas; homebuyer gets Rs 79 lakh refund + Rs 21.7 lakh interestHomebuyer to get Rs 21.7 lakh interest as Telangana RERA acts against builder over unfinished villa construction and imposed Rs 1.03 crore ...
Tata Harrier EV broke down multiple times after purchase, buyer left stranded on road; dealer ordered to refund Rs 24 lakh and pay Rs 65,000 compensationTata Harrier EV consumer commission order: A Telangana consumer commission has ordered a Tata dealer to refund close to Rs 24 lakh and pay ...
Gurgaon couple earning Rs 3 lakh a month said no to a Rs 2 crore flat: CA explains the financial reasonA Gurgaon couple earning Rs 3 lakh monthly decided against buying a Rs 2 crore flat after calculating the financial burden of a Rs 1.5 lakh...
Couple earning Rs 3 lakh per month reject Rs 1.5 lakh EMI: How they avoided a home loan trap, CA explains the mathA Gurgaon couple earning Rs 3 lakh a month decided against buying a Rs 2 crore home that would have required an EMI of around Rs 1.5 lakh. ...
PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
In 2008, Red Hot Chili Peppers bassist Flea paid $3.85 million for a 1915 Los Angeles house and renovated it with rooftop solar; Jack Black later bought it for $5.965 millionFlea, the renowned bassist of the Red Hot Chili Peppers, recently sold his Los Feliz abode for a significant profit following its renovatio...
Taxable income below Rs 12 lakh: Will you pay zero income tax if this income includes LTCG and STCG for Tax Year 2026-27?Indian residents and HUFs can use the basic exemption limit to lower capital gains tax. This provision under the Income Tax Act, 2025, rema...
Booked flats for Rs 1.16 crore, two homebuyers awaiting possession find project lapsed; MahaRERA orders builder to give money back with interestIn 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction st...
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSelect small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent in...
In 1988, Ed Begley Jr. bought a Studio City home for $225,000 and transformed it with solar panels, efficient appliances, and EV charging; 26 years later, it sold for $1.025 millionOver the years, actor Ed Begley Jr. has meticulously turned his home into a model of energy efficiency. This incremental renovation approac...
Think buying a house is a smarter investment than renting? Bengaluru CA warns of a costly real estate trapBengaluru-based CA Meenal Goel challenges the belief that buying a house is always a smarter investment than renting. She suggests consider...
In 2006, Cate Blanchett bought a Prahran home for $745,000 and added solar panels and a water tank; 18 years later, the Melbourne property sold for more than $3 millionCate Blanchett and Andrew Upton have finalized the sale of their Melbourne residence for over three million dollars, a transaction that not...
Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...
'Rs 15 lakh car is not really a Rs 15 lakh decision': CA shares a financial checklist most buyers skipCA Nitin Kaushik says buying a car requires looking beyond the sticker price and EMI. Buyers should calculate the on-road cost, down paymen...
Supreme Court dismisses Rs 363 crore GST demand against Vodafone Idea on tower business saleThe Supreme Court dismissed the government's GST demand against Vodafone Idea. This demand related to the sale of Vodafone Mobile Services'...
ITR was processed under the old tax regime due to tax consultant's mistake, taxpayer faced Rs 1.23 lakh demand: ITAT Bangalore allowed new tax regimeRs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultant’s e...
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...