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GIFT DEED VS WILL
Can DigiLocker replace your bank locker? What you need to know about storing important documentsIndians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
Eid Mubarak wishes 2026: 150+ Bakrid, Eid Al Adha quotes, greetings, messages to share with your loved onesEid ul-Adha, also known as Bakra Eid, is a significant festival for Muslims worldwide. Celebrated on different dates this year, with some o...
SC to examine PIL for dedicated revenue judicial service for land disputesThe Supreme Court on Thursday agreed to examine a Public Interest Litigation (PIL) seeking directions to the Centre and states to establish...
Just mutation not enough to transfer property from father to son; documents, tax rules & common mistakes explained
Gift deed or relinquishment deed? The best way to transfer your land and avoid costly mistakes
Gold holding above 100g: Can it be seized by income tax department if you don’t have right papers? Check varying limits for men and womenIndia has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold ...
Bought DLF Camellias flat with Rs 9.82 crore discount, faced tax notice; ITAT gives reliefThe Income Tax Tribunal ruled that property purchase discounts are not taxable as income. A homebuyer received a Rs 9.82 crore discount on ...
Got property on basis of GPA or Agreement to Sell? Here’s how to regularise title before you risk losing itA recent Delhi High Court ruling highlights the critical need for registered title deeds in property disputes. Mr Bhatia lost his ancestral...
No evidence needed: Delhi High Court says senior citizens can evict children from house for ill-treatmentIn a significant ruling from the Delhi High Court, a senior citizen has successfully reclaimed his property from his daughter and her famil...
I want my wife to inherit my flat after me, should I execute a gift deed or a will?ET Wealth Reader's Query: I purchased a two-bedroom flat and want the ownership of this flat to pass exclusively to my wife upon my demise....
Twist in property sale case: Supreme Court backs sons against father after double sale of landThe Supreme Court has delivered a landmark judgment. A father sold his minor sons' land without court permission. Later, the sons, upon att...
Minors can repudiate unauthorised property sales by conduct, not just by filing lawsuits: SCThe Supreme Court has recently issued a crucial ruling regarding property dealings with minors. According to this new verdict, individuals ...
Father sold family land for daughter’s marriage; first son alleged father was alcoholic and filed a case but lost in Supreme Court due to this reasonThe Supreme Court addressed the sale of HUF land by its Karta, Sharanappa, challenged by his first son. The court overturned the High Court...
No income tax for taxpayer whose land was compulsorily acquired at Rs 73 lakh by NHAI due to this reason, rules Chhattisgarh High CourtThe Chhattisgarh High Court ruled that compensation received for land acquired by the NHAI is exempt from income tax under Section 96 of th...
Wife gets tax notice for husband’s Rs 6.75 crore Mumbai house purchase; Bombay High Court gives relief to wifeThe Bombay High Court gave relief to a wife from a tax notice related to a Rs 6.75-crore property, as her husband solely funded the purchas...
Gift deed Vs Will: Sister to get late father’s property after 30-year-fight with brother, rules Supreme CourtSupreme Court: A sister had to fight in multiple courts over a period of about 30 years with her brother for possession of their late fathe...
In a divorce case in Supreme Court, wife gets a flat near Mumbai without paying any stamp duty for transferDivorce: On February 28, 2025 a husband won a divorce case in the Suprme Court without having to pay any alimony to wife. But the Supreme C...
Surnames of children different from mine in documents. How to transfer my property to them?Once the property is transferred to a beneficiary by a will, the beneficiary becomes the absolute owner, says our expert. Here are other qu...
Will vs gift vs family trust: What's the best way to give assets to heirs?This article looks at transferring of assets to legal heirs via three routes: a will, a gift deed, and a private family trust. The article ...