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Rs 80,000 monthly salary, Rs 1 crore home, 70% EMI: Bengaluru CA shares 3 rules Indians ignore when buying a houseRapid urbanization and rising property prices fuel a competitive homeownership race. Many families stretch budgets, ignoring long-term debt...- Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
- 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 from Anand, Gujarat, sold her house for Rs 21.4 lakh in AY 2018-19, which she...
- Gautam Adani, family's property arm top realty wealth gains, adds Rs 38,000 crore in 2026 rankingsAdani Properties led real estate wealth creation, adding Rs 38,000 crore to its valuation. DLF remained India's most valuable developer des...
- ED sells Hawker 800A jet for Rs 3 cr: Are you buying property or just a legal headache?The Enforcement Directorate recently auctioned a private jet under money laundering laws. This sale clarified that attachment of property i...
- Adani ducks headwinds to record a huge jump in realty fortune; at cusp of being richest in biz: ReportLast year marked a significant financial upturn for Gautam Adani's family, as their real estate holdings witnessed a remarkable increase, v...
- 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...
- Ignoring objection notice for property mutation proves costly: SC rejects relatives' bid to revoke probate of aunt's Will that made nephew sole beneficiaryNephew got aunt's properties via Will, obtained probate and applied for mutation; Relatives ignored the mutation objection notice but years...
- ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...
- Son denies share of ancestral property to 6 half sisters; Andhra Pradesh HC give relief to the sisters and orders property partitionSix half-sisters have won their rightful share in ancestral properties. The Andhra Pradesh High Court rejected their half-brother's claims ...
- Can a property buyer be evicted if the seller's title is forged or defective? Know what the law saysA Supreme Court ruling protected a buyer from criminal charges in a forged Will case. The court stated criminal liability requires buyer kn...
- ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
- Arshad Warsi sells Lonkhandwala property at three times profit: Jolly LLB star bought shop at Rs 2 crore in 2012 and sold at Rs 6 croreArshad Warsi Lokhandwala property profit: Actor Arshad Warsi has sold a Mumbai commercial shop for Rs 6.25 crore. This sale price is nearly...
- 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 have become a foreign citizen. Can my mother make me a joint owner in her property in India?ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to ...
- Regularisation fee deters Delhi's unauthorised colony residents from legalising propertiesThe MCD's property regularisation drive has seen minimal applications in two months. Many low-income residents find the high charges unaffo...
- For 36 years brothers fought among themselves to get late elder sister’s property; Brother with sister’s registered Will wins for this reasonElder sister gave the house to a brother via registered Will but other other brothers occupied the house with an alleged unregistered Will;...
- Buying a home? 11 property documents every homebuyer must check before purchaseIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
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