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LAND PURCHASE TAX DISPUTE
Farmer bought land at less than stamp duty value, got income tax notice; How DVO report helped him win Rs 18.24 lakh tax dispute in ITAT SuratMr. Desai, encountered difficulties with the Income Tax Department after purchasing land for a price less than the stamp duty value. The In...- Kentucky company paid $800,000 for Ohio river land, but why was its compensation lawsuit over floodplain rules ruled prematureA Kentucky company that bought four acres along the Ohio River for $800,000 sued local authorities, claiming floodplain rules had stripped ...
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
- A New York family owned half of a private road, but a fish and game club maintained it for decades; what did the court decide?Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The ...
- SC says 1974 ruling on states' power to levy additional sales tax continues to holdThe Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the leg...
- Delaware couple maintained a fence and garden 9 feet into their neighbour’s land for over 20 years; when new neighbours demanded $30,000 or its removal, the court ruled the strip now belongs to the coupleA Newark, Delaware court has recently settled a property dispute favoring the Murrays, who upheld their fence for over two decades despite ...
- A 65-year-old fence sparked a fight over 5.13 acres in Kansas; what happened and why did the neighbours go to court?The fence reportedly did not follow the actual legal property boundary. Around 5.13 acres of land, forming a triangular patch, lay between ...
- $700 million tax bill vs $4.15 million image: The court case that saved Michael Jackson’s heirsA US Tax Court judge has determined that Michael Jackson's name, image, and likeness are worth $4.15 million. This valuation is considerabl...
- Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his deathParis Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors ...
- ₹16 lakh jewellery, ₹3.88 lakh cash treated as unexplained income; here’s why the taxpayer wins at ITAT HyderabadIn a significant ruling, the Hyderabad ITAT absolves Mr Chintakunta of tax additions regarding unexplained cash and jewellery found during ...
- Rs 3.2 crore found in blue drums buried in UP village; police probe brothers' Mumbai, Pune linksThe recovery of Rs 3.2 crore from three buried blue drums in Uttar Pradesh's Nawabganj has prompted investigators to examine two brothers' ...
- GST decriminalisation decisions set benchmark for trust-based governance: CIIThe Confederation of Indian Industry praised the GST Council's recent decisions aimed at decriminalising certain offences. The Council reco...
- Family members can reject sale of joint HUF land and treat it as void if Karta sells it solely for personal benefit; Key legal rules you must knowIn a Supreme Court ruling from earlier this year, the sale of joint ancestral property was deemed invalid if it only benefited one family m...
- CII calls for GST-like reforms in land, labour & local approvalsCII has called for extending the GST Council's approach to decriminalise offences in various sectors. This move aims to enhance ease of doi...
- Virginia couple bought a 100-year-old home and turned its backyard into a garden. One year later, a neighbour claimed the land was his and wanted its fence removed, but then a judge stepped inA Virginia couple who bought a nearly 100-year-old home in 2025 transformed its gravel backyard into a garden with grass, flowers and veget...
- NCLT voids Rs 525-cr guarantee, Mumbai land transfer in JLS Realty disputeThe NCLT has invalidated multiple transactions involving JLS Realty Pvt Ltd, including its transfer of redevelopment land. The tribunal fou...
- Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
- Elon Musk’s xAI offers to buy 418 homes near its Mississippi data centre amid noise complaintsResidents in Colonial Hills are considering buyout offers from xAI due to ongoing noise complaints. The energy demands of the AI data cente...
- In the 1890s, gold drew up to 3,000 people to Duncan, Colorado; by 1900, most buildings had been dismantled after US marshals moved to remove themDuncan was a booming settlement that sprang up during Colorado's gold rush in 1874, attracting around 3,000 fortune seekers. Despite its in...
- Grandson got 3.11 bigha of Delhi land and other properties via Will, family members objected to this; HC grants probate of Will to grandson, know whyFollowing Smt Shanti Devi's passing in 2001, her grandson Gahlot faced challenges from relatives contesting her will, asserting it was frau...
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