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CAPITAL GAINS FROM LAND SALE
Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...19 Oct, 2026, 01.42 AM IST- Jaguar Land Rover India expands retail presence in Delhi, Gurugram; sees NCR as key marketJaguar Land Rover India has relocated to a larger facility in Delhi and opened a new outlet in Gurugram. The company views the National Cap...18 Oct, 2026, 03.50 PM IST
- Cash landing on you: Litigation funders bet on inheritance battles over croresLitigation funding has emerged as a viable option for individuals involved in inheritance disputes in India. Firms are assessing the potent...18 Oct, 2026, 12.10 PM IST
- Karnataka HC issues notice on royal fragrances' plea seeking action over Bengaluru IT Park LandThe Karnataka High Court has issued a notice concerning a petition by Royal Fragrances Private Limited. This petition requests action over ...17 Oct, 2026, 05.32 PM IST
- DLF signs agreement to add 7.48 acre land on Golf Course Extension road in GurgaonDLF has entered into a collaboration to acquire an additional 7.48 acres of land in Gurugram. This addition will increase its total develop...17 Oct, 2026, 03.17 PM IST
- NRI capital gains tax: When can you use the basic exemption limit to lower your income tax bill?For non-resident Indians, leveraging the basic exemption limit can help mitigate normal slab rate taxes on capital gains. However, it's imp...16 Oct, 2026, 02.58 PM IST
- Indian Bank reports a Rs 1,388 crore gain from sale of NSE sharesIndian Bank gained Rs 1,388 crore from the NSE listing, boosting second-quarter non-interest income by 50% to Rs 3,953 crore. The one-time ...16 Oct, 2026, 12.34 PM IST
- Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...16 Oct, 2026, 08.13 AM 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
- 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 2013, Lakers coach Mike D’Antoni bought an ocean-view California home for $6.9 million; two years later, he sold it for $9.5 millionMike D'Antoni, the former Los Angeles Lakers coach, bought a home in Manhattan Beach for $6.9 million. He sold this property two years late...13 Oct, 2026, 06.40 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
- SBI economists call for scrapping LTCG tax on equitiesSBI economists are advocating for the elimination of long-term capital gains tax to stimulate sustained investment in Indian equity markets...12 Oct, 2026, 09.12 PM IST
- Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gainsFor giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends no...10 Oct, 2026, 12.04 PM IST
- Who pays 0% capital gains tax in 2026? Check the IRS income limitsSome investors may pay 0% federal capital gains tax in 2026 if their taxable income stays within IRS limits. Single filers can qualify with...09 Oct, 2026, 09.39 PM IST
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