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LAND PROPERTY SOLD FOR CASH
Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this ground- In 1964, a mysterious 27-year-old woman bought abandoned 18-acre island off the coast of Maine & lived there alone; 22 years later, she donated it for a wildlife sanctuary
- At 86, a Pennsylvania farmer turned down more than $15 million from data-center developers and accepted $1.9 million instead, sending his land down a very different path: keeping the farm alive rather than turning it into a server campus
- In 1993, Louis Bacon bought a mostly undeveloped New York island; four years later, he protected nearly 90% of its 450 acresIn 1993, Louis Bacon acquired Robins Island, an exceptionally pristine marine island. He subsequently enacted a conservation easement that ...19 Aug, 2026, 05.36 PM IST
- Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...19 Aug, 2026, 12.26 PM IST
- MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit marketsRealty assets worth an estimated ₹13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public En...18 Aug, 2026, 01.11 PM IST
- Hyatt-owner Juniper Hotels to double portfolio to 4,000 rooms, earmarks ₹1,930 croreJuniper Hotels plans to double its luxury hotel portfolio to 4,000 keys. This expansion will occur over the next four years with significan...17 Aug, 2026, 11.35 PM IST
- Tech billionaires Jack and Laura Dangermond donated $165 million to protect a stunning 24,000-acre stretch of California coastline visible from spaceJack and Laura Dangermond have made a monumental donation of $165 million to The Nature Conservancy, ensuring the permanent protection of t...17 Aug, 2026, 07.22 PM IST
- Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crorePuravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared ...17 Aug, 2026, 05.38 PM IST
- Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...17 Aug, 2026, 10.30 AM IST
- CA challenges ‘buy your home early’ advice: Why your 30s should focus on wealth buildingCA Nitin Kaushik challenges the advice to buy a home early, arguing that ages 25 to 40 should prioritise asset accumulation. He recommends ...17 Aug, 2026, 07.31 AM IST
- Rs 12.84 lakh, 800g gold seized; TMC leader's ex-bodyguard held in case linked to Bengal stone trader Tulu MondalSaigal Hossain, a former bodyguard, was arrested in a document forgery case. Police seized Rs 12.84 lakh in cash, around 800 grams of gold,...16 Aug, 2026, 02.34 PM IST
- Sonu Nigam buys small studio size 258.33 sqft office in Andheri for Rs 1 croreSinger Sonu Nigam has purchased a 258.33 sq ft commercial office in Mumbai’s Andheri West for Rs 1 crore. The deal, registered on August 6,...14 Aug, 2026, 04.41 PM IST
- In 1977, this woman fought to stay in Rocky Mountain National Park. Years later, former US President allowed her to stay foreverA family's land dispute inside a national park led to government acquisition. Remarkably, a family member retained the right to lease it fo...13 Aug, 2026, 10.04 PM IST
- In 1929, a Tennessee farmer refuses to sell his 375-acre farm for Great Smoky Mountains National Park for $20 an acre. After years in court, he lost the farm but got more than double the amountDespite his refusal to sell, John W. Oliver's fight against the government's eminent domain claim for his cherished farm lasted years. Ulti...13 Aug, 2026, 08.25 PM IST
- 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...11 Aug, 2026, 03.35 PM IST
- Tribeca, Ira Realty to invest Rs 2,000 cr to build Trump-branded housing project in HyderabadTribeca Developers and Ira Realty will launch a Trump-branded luxury housing project in Hyderabad. This significant development involves an...11 Aug, 2026, 02.29 PM IST
- Sold land for Rs 7.24 crore, paid no tax, received income tax notice; Know how Google Earth photos and revenue records helped taxpayer to win this case in ITAT AhmedabadFamily member sold his 1/3rd share of agricultural land for Rs 7.24 crore, pays no tax, tax dept sent notice, he wins case in ITAT Ahmedaba...10 Aug, 2026, 05.42 PM IST
- 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...10 Aug, 2026, 05.24 PM IST
- Godrej Properties to generate Rs 20,000 crore operating cash flow by Mar'28, will invest for growth: ChairmanGodrej Properties expects over Rs 20,000 crore operating cash flow in upcoming fiscal periods. Strong sales bookings of Rs 8,651 crore in Q...09 Aug, 2026, 04.50 PM IST
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