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STAMP DUTY VALUE
Paid Rs 6.5 crore and bought a property with stamp duty value of Rs 8.85 crore, got income tax notice for unexplained investment; He fought back won relief in ITATBuyer purchased Rs 8.85 crore worth property by paying Rs 6.5 crore; Tax dept sent notice for unexplained property investment u/s 69B; Know...- CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
- Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...
- Where art thou? From royal silverware to rare watches, what collectors are bidding for nowAs collectors broaden their horizons beyond canvases, Glynda Alves finds that India’s auction houses are witnessing growing demand for item...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- Madhuri Dixit sells two properties in Mumbai’s Andheri, Juhu for Rs 9.2 croreMadhuri Dixit has sold a commercial office in Andheri West and a residential apartment in Juhu for a combined Rs 9.25 crore. The deals refl...
- Kangana Ranaut's Rs 30 crore Manali mansion has eight mountain-view bedrooms and a rooftop glass conservatory; here's a look inside her Himalayan homeKangana Ranaut's Manali mansion, reportedly acquired for Rs 30 crore, sits 2,000 metres above sea level in the Himalayas and features eight...
- Mumbai records best-ever July property registrations, stamp duty collectionsMumbai's property market achieved its best-ever July performance with strong housing demand. The city recorded its highest-ever property re...
- 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...
- Millennium Semiconductors, Mouser, RayQ plan India expansion amid electronics boomGlobal logistics shifts and growing Indian demand are driving expansion for electronics warehousing firms. Millennium Semiconductors plans ...
- Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
- Registration of redevelopment agreement alone doesn’t trigger tax, rules ITATMumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse pr...
- What is Andy Burnham's policy approach for Britain?Andy Burnham has taken on the role of Prime Minister of Britain, emphasizing a major shift in power dynamics through decentralization. Amon...
- Investing before an IPO: As NSE, Jio Platforms prepare to list, five early investors reveal the rewards, risks, and patience requiredET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportu...
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
- Madhya Pradesh secures investment proposals worth Rs 1,592 crore at Bharat Tex 2026; over 15,700 jobs expectedMadhya Pradesh secured investment proposals totaling Rs 1,592 crore at Bharat Tex 2026. These proposals are expected to create over 15,700 ...
- 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 ...
- 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...
- Premium housing demand, urbanisation to support India's realty market in H2 2026: Knight FrankIndia's housing market shows resilience through the second half of 2026. Strong demand for premium homes and urbanisation will support the ...
- Former ASK Asset director Bharat Shah's family buys 4 Mumbai luxury apartments for Rs 179 crFamily members of Bharat Shah acquired four luxury apartments in Mumbai's Worli area. The total cost for these residences reached approxima...
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