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PROPERTY INVESTMENT TAX DEMAND
In 2005, Yahoo invested $1 billion in Alibaba. 10 years later, its stake was worth more than $30 billion after the Chinese giant went publicYahoo’s Alibaba investment changed the company’s financial story. In 2005, Yahoo paid $1 billion for a 40% stake in the Chinese e-commerce ...- Homeowners, read this first: Mortgage interest and property taxes only help in 2026 if you itemize, and many are better off skipping itHomeowners may want to look twice before claiming mortgage interest and property taxes as tax breaks in 2026. Those expenses help only when...
- Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
- GST relief for gaming companies raises hopes across the sectorTax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court rul...
- CREDAI says unable to build affordable homes due to high input cost, taxes; seeks govt sopsCREDAI has raised concerns about the lack of affordable housing being built because of rising costs. The organization's President, Shekhar ...
- NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...
- Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
- 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...
- Property bought for ₹1.23 crore, its market value rose to ₹1.46 crore: Why ITAT Kolkata gave homebuyer ₹11.35 lakh tax reliefA recent ITAT ruling highlights a crucial tax issue for property buyers: an increase in stamp duty value between the agreement and registra...
- Bengaluru’s tax gap, not tax rates, is the real resource problem: Krishna Byre GowdaBengaluru plans to map properties outside the tax network and bring them into the system to widen the tax base without raising rates, Great...
- Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
- 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...
- Man paid lower income tax by setting off business loss against long term capital gains but received income tax notice; wins case in ITAT DelhiMan pays lower income tax by setting off business loss with long term capital gains but gets income tax notice; Wins case in ITAT Delhi. IT...
- NRI property purchase: 4 TDS and PAN changes buyers must know from October 1
- US house buying guide: September 27-October 3 named best week to buy a home in 2026; homebuyers could save $14,000From September 27 to October 3, 2026, prospective homebuyers could enjoy favorable market conditions that might support their purchasing de...
- 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...
- Housing sales rise 3% to over 1 lakh units across top seven cities in Q3: AnarockHousing sales in India's major cities rose by 3 percent during the July to September quarter of 2026. Overall sales in value terms increase...
- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
- Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
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