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MISUSE OF POA TO GIFT PROPERTIES
Wife living in London gives POA to family friend to manage his Vadodara property, friend gifts it to son and daughter-in-law; husband files case and wins in Gujarat HCMr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India prop...- Can NRIs gift money to an HUF and save tax? Check these income clubbing and tax rules before transferring fundsNRIs have the opportunity to gift money to their Hindu Undivided Family (HUF) without incurring immediate tax obligations. However, it's im...
- Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT MumbaiDuring an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and cal...
- ‘Family Man’ Manoj Bajpayee buys 4.45 acres of land at this location near Pune for nearly Rs 1.4 croreFamily Man actor Manoj Bajpayee has expanded his real estate portfolio by purchasing 4.45 acres of agricultural land near Pune for Rs 1.37 ...
- NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
- Rakhi rush: Quick commerce sees surge in orders as gifting goes premiumQuick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and growing demand for premium gifts. Ra...
- Raksha Bandhan 2026: Thinking of gifting cash to your sister? A mutual fund SIP could help build long-term wealthThis Raksha Bandhan 2026, consider the thoughtful gift of a mutual fund SIP to nurture long-term wealth. This investment approach fosters c...
- Court evicts son from flat for neglecting parents: Can he still claim inheritance rights?Does the son have any inheritance right over parents property if he failed to take care of parents and court orders eviction? Know what law...
- Where will Prince Harry and Meghan Markle live in the UK? Inside their hidden gem in the Cotswolds near Ellen DeGeneres, the Beckhams, Kate Moss and Stella McCartneyPrince Harry and Meghan Markle have returned to the UK, with the couple said to have found a “hidden gem” in the Cotswolds as their potenti...
- In 1908, a Boston woman donated 140 acres of Maine Beehive and Bowl to protect the natural places. Her gift helped pave the way for Acadia National ParkIn 1908, Eliza Homans made a remarkable contribution by donating 140 acres of land on Mount Desert Island, which included breathtaking feat...
- In 1926, John D. Rockefeller Jr. secretly bought 35,000 acres of Wyoming land for $1.4 million to protect it from development. He later donated it to Grand Teton National ParkJohn D. Rockefeller Jr., a philanthropic giant, took decisive action to safeguard Jackson Hole's stunning landscape. Discreetly acquiring a...
- Archana Puran Singh’s son Aaryamann Sethi is buying a 3.5 BHK sea-facing apartment after YouTube success: All about his dream homeIn a heartfelt YouTube vlog, Aaryamann Sethi, the son of actress Archana Puran Singh, shared his plans to purchase his very first independe...
- JP Morgan once bought 117 acres of Maine coast including Sand Beach as a wedding gift for his daughter, but his grandaughter later donated 100 acres; here's whyIn 1900, financier JP Morgan bought 117 acres of Maine’s coast, including Sand Beach and Great Head, as a wedding gift for his daughter Lou...
- 8 special Raksha bandhan gift ideas for brothers and sistersRaksha Bandhan is one of those festivals where the gesture matters more than the price tag. But finding something that actually feels perso...
- Global Market: China’s property crisis deepens as Evergrande founder gets life sentenceChina’s property crisis deepened despite Evergrande founder Hui Ka Yan receiving a life sentence. Falling home prices, unfinished projects,...
- MacKenzie Scott donated two Beverly Hills homes she bought with ex-husband Jeff Bezos; the $55 million gift helped fund affordable housing in Los AngelesIn a remarkable act of philanthropy, billionaire MacKenzie Scott donated two luxurious Beverly Hills residences worth $55 million to the Ca...
- Sebi eases FPI onboarding with digital power of attorneyIn a progressive move, the capital markets regulator has allowed foreign investors to adopt digital signatures, streamlining the onboarding...
- Sebi unlocks digital POAs for FPIs, waives notarisation & apostillisationSEBI now permits Foreign Portfolio Investors (FPIs) to submit digitally signed Power of Attorney documents, complying with the Information ...
- 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 groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
- Who is Hui Ka Yan? China Evergrande founder sentenced to life in prison for orchestrating massive financial fraudWho is Hui Ka Yan? Hui Ka Yan, the founder of China Evergrande, has been sentenced to life imprisonment for a range of financial offenses, ...
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