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PROPERTY EXCHANGE
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...- Succession battle breaks out at TVS as camps disagree over business division, family MoUDeep disagreements over inheritance have emerged between Venu and Mallika Srinivasan's children, leading to potential legal action. While V...
- Sean “Diddy” Combs’ prison release date pushed back to March 2028 amid reports of special treatment behind barsSean “Diddy” Combs’ projected prison release date has been moved from Jan. 21, 2028, to March 2, 2028, as per Bureau of Prisons records men...
- In 1972, US investor received property, agreed to swap it same day, IRS challenged his tax treatment: Why court couldn't tax the exchangeThis case involves Joseph R. Bolker and his property called Montebello. Things got complicated and the issue eventually went all the way to...
- In 1979, Oregon family sold 1,843 acres, IRS demanded tax, then mostly lost: How a ruling changed tax-deferred property exchangesBack in 1967, an Oregon family's sale of their 1,843 acres of timberland sparked a major dispute with the IRS. The case ended up in the Nin...
- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
- Malabar Gold in Pakistan drama: Indian jewellery brand makes surprise appearance in Dar-e-Nijaat, netizens reactAn Indian jewellery brand spotted during Abu Bakr and Zaryab’s nikah in Pakistani drama Dar-e-Nijaat has caught viewers’ attention online. ...
- India, Norway discuss green partnership, EFTA trade ties, Arctic cooperationSibi George of the Ministry of External Affairs met Norway's State Secretary Astrid Bergmal in New Delhi for discussions. They addressed en...
- Paramount closes $110 billion mega Warner Bros takeover; creates Hollywood powerhouse SkydanceParamount Skydance has completed its $110 billion takeover of Warner Bros Discovery, creating a major Hollywood entertainment company spann...
- Global Market: Hong Kong stocks rise as pharma, tech shares lead gainsHong Kong stocks gained on Tuesday, led by pharmaceutical and technology shares, with the Hang Seng rising 0.78% and Hang Seng Tech Index a...
- Stocks in news: Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent and Zydus LifesciencesIndian equity markets showed signs of recovery on Monday after softer-than-expected US jobs data was released. The Nifty 50 index ended the...
- AI compute financing needs bankable contracts, lender exit rules: industryThey highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...
- Bachelors not allowed? Bengaluru based entrepreneur claims society president asked him to vacate flat just days after he paid depositA Bengaluru entrepreneur has described being asked to vacate a rented apartment days after moving in, claiming the residential society obje...
- SC seeks response from West Bengal, others on TMC MP's plea alleging eviction from circuit houseThe Supreme court directed the West Bengal governmnet and other to file responses to TMC MP Mahua Moitra's plea alleging that district admi...
- MTNL shares rally 17% as board approves Rs 892 crore Powai property sale amid debt worriesMTNL shares rose sharply after the company’s board approved the sale of its Powai property in Mumbai to the Income Tax Department for Rs 89...
- Anarock Property Consultants files draft papers for Rs 1,000 crore IPOAnarock Property Consultants Ltd has filed draft papers to raise Rs 1,000 crore via an IPO. The IPO will consist of a fresh issue of up to ...
- Sophia Bush opens up about her secret 2025 wedding to Ashlyn Harris and the private celebration with their familySophia Bush and former professional soccer player Ashlyn Harris have disclosed that they secretly married in the summer of 2025 in an intim...
- India showcases justice reforms, digital initiatives at UN CongressAt the 15th United Nations Congress, Law Minister Arjun Ram Meghwal emphasized India's new legal framework incorporating technology. He dis...
- Global Market: Chinese stocks struggle near one-year lows as policy support disappointsChinese blue-chip stocks stayed near one-year lows despite Beijing’s latest credit, mortgage and investment support measures. The CSI 300 w...
- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
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