Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
22 Jun, 2026, 03.43 PM IST
Best proverb of the day: 'If you want happiness for an hour, take a nap. If you want happiness for a lifetime...' Life lessons on human nature, joy, kindness, and why helping others brings real peaceBest proverb of the day today: Chasing wealth for lasting happiness is a futile pursuit, as a timeless proverb reveals. While naps offer te...
21 Jun, 2026, 01.40 PM IST
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...
17 Jun, 2026, 06.30 AM IST
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
12 Jun, 2026, 10.44 AM IST
In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
09 Jun, 2026, 03.33 PM IST
Bengaluru property owners alert! Can you get mutation done without a Khata? Here’s what the law saysBengaluru property owners can face challenges with mutation without an existing Khata. While legally possible with valid title documents, t...
03 Jun, 2026, 03.33 PM IST
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...
03 Jun, 2026, 12.30 PM IST
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
02 Jun, 2026, 07.11 AM IST
Bengaluru property tax: e-Khata open house to be held on May 30, 2026 at these areas under Bhoo Guarantee schemeBengaluru citizens can attend an e-Khata open house on May 30, 2026. This event, part of the Bhoo Guarantee- 6th guarantee scheme, offers o...
29 May, 2026, 12.49 PM IST
e-khata established order in Bengaluru property administration, says GBA Spl CommissionerBengaluru e-khata: This digital initiative has brought structure to property dealings, successfully minimising issues related to unapproved...
27 May, 2026, 08.52 PM IST
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...
27 May, 2026, 09.28 AM IST
Delhi’s sub-registrar offices to get Passport Seva Kendra-style upgrade with AC lounges, digital help desks and token systemsDelhi is set to modernise its sub-registrar offices with a major overhaul aimed at creating a system similar to Passport Seva Kendra centre...
24 May, 2026, 04.33 PM IST
New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
23 May, 2026, 09.59 AM IST
Son’s two shops were stated to be demolished without compensation; HC stops demolition as he produced a registered sale deedA man successfully saved his two shops from demolition by the municipality. The shops were slated for removal to widen a road. The Andhra P...
20 May, 2026, 08.00 AM IST
What is a gift deed?A gift deed can be used to transfer both movable and immovable property.
12 Aug, 2024, 06.30 AM IST
How to transfer wealth through gifts: All you need to know about gift deedsA gift deed is a legal document that records the transfer of a gift, made willingly by the donor to the donee without any monetary exchange...
15 Apr, 2024, 06.30 AM IST
Can I transfer my house through a gift deed?Find out how to minimise the chances of disputes by transferring your immovable and movable property through a gift deed.
29 Nov, 2022, 03.51 PM IST