Son living in father's property receives eviction notice after family feud, he fights back in court; Delhi High Court orders son's family to vacateDelhi High Court upheld a father-in-law’s decree for possession of his Paschim Vihar flat but said his widowed daughter-in-law cannot be ev...
17 Oct, 2026, 03.00 PM IST
Inside Beyoncé and Jay-Z’s real estate empire: What luxury homes have they bought, sold and rented?Beyoncé and Jay-Z have owned some remarkable properties over the years, from a $190 million Malibu mansion to an $88 million Bel Air estate...
16 Oct, 2026, 12.34 AM IST
- 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 happened
Cervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
15 Oct, 2026, 07.11 PM IST
He wrote $464,000 in checks before his father's death; the IRS later challenged the giftsA Pennsylvania man's decision to write 11 checks worth $464,000 five days before his father's death led to an IRS estate tax dispute. A US ...
15 Oct, 2026, 06.37 PM IST
Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
15 Oct, 2026, 02.43 PM IST
₹1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT DelhiThe Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Depart...
15 Oct, 2026, 10.49 AM IST
In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
14 Oct, 2026, 10.55 PM IST
Tech billionaire Peter Thiel bought Bel Air mansion Casa Encantada in Los Angeles for $130 millionPeter Thiel has been revealed as the purchaser of the mansion Casa Encantada, a Bel-Air property which sold for $130 million at a foreclosu...
14 Oct, 2026, 10.01 PM IST
Property tax waiver extended for residents of this part of Delhi: Check the new deadline to pay taxDelhi property tax: The Municipal Corporation of Delhi has introduced SUNIYO 2.0, an amnesty scheme for homeowners with unpaid property tax...
14 Oct, 2026, 04.51 PM IST
Canada-based senior citizen faced income tax liability of ₹83.2 lakh as STCG; here's why he wins at ITAT Bengaluru on technical groundA recent ITAT ruling highlights the critical importance of following proper legal procedures in income tax reassessment cases. When a taxpa...
14 Oct, 2026, 01.13 PM IST
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
14 Oct, 2026, 11.39 AM IST
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...
13 Oct, 2026, 09.28 PM IST
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...
12 Oct, 2026, 11.39 PM IST
Neighbour claiming your property? Your sale deed’s boundary details could be crucialIn a significant legal clash in Bangalore, Mr. Thimmadasappa defended his land rights against K.M. Venkatamuniyappa's unfounded claim that ...
10 Oct, 2026, 04.24 PM IST
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...
09 Oct, 2026, 08.22 PM IST
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
09 Oct, 2026, 11.00 AM IST
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...
08 Oct, 2026, 09.01 PM IST