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LAND SALE TAX LAW
Buying a home? 11 property documents every homebuyer must check before purchaseIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
High Court directs Centre to defer July 7 eviction hearing against Delhi Gymkhana ClubThe Delhi High Court has issued a notice to the Centre regarding pleas challenging eviction proceedings against the Delhi Gymkhana Club. Th...
Income tax department slaps notices on foreign investors with no earningsForeign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax depa...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
'Communism a mortal threat to American liberty': Trump at landmark US 250 eventPresident Trump declared Communism the gravest threat to American liberty, equating it to a mortal danger surpassing historical conflicts. ...
CBSE plans to ease norms for private school affiliationThe CBSE is set to ease rules for private schools, allowing 'bodies corporate' like companies to establish institutions, moving away from t...
Chile in the 1970s planted millions of Monterey pine and eucalyptus trees for timber, but scientists now say many native forests have been replaced, while streams and wildlife have declinedChile's biodiversity hotspot has witnessed a dramatic native forest decline since 1960, replaced by fast-growing pine plantations. Driven b...
From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...
Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrestJaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middl...
Tata Motors PV Q1 update: Sales jump 46%; JLR volumes hit by supply disruptions and Middle East conflictTata Motors reported a 46% rise in passenger vehicle sales for the June quarter, driven by strong demand and record EV sales. However, Jagu...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...
Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
Who is Jonas Lauwiner? The self-proclaimed ‘King of Switzerland’ who claimed 110,000 sq metres of land for freeSwitzerland, a republic, now has a self-proclaimed king, Jonas Lauwiner, who has acquired over 110,000 sq metres of land without payment. H...
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...