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PROPERTY SALE
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite a jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...
Nominal GDP growth set to surge to 12%. Why the stock market may still struggle to rallyIndia’s nominal GDP growth could accelerate to 11.5%-12% in FY27, supporting stronger corporate earnings. However, elevated valuations, ris...
Suits & Sayings: Harsh RealityET’s roundup of the wackiest whispers in corporate corridors
19-year-old buys $600,000 investment house while serving in Australian Defence Force: How Olivia Shone started saving at 16, invested in cattle and built a four-bedroom propertyAt just 19, Olivia Shone has achieved an extraordinary property milestone, buying land and building a four-bedroom investment house worth a...
AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across USHigh-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, unda...
Clint Eastwood sold 280 acres of his California coastal property for $3.08 million in 1995 — The surprising conservation deal that helped keep Carmel land undevelopedClint Eastwood’s 1995 sale of roughly 280 acres of his California coastal property to Monterey County for $3.08 million became an important...
Ryan Seacrest sells sprawling 40-acre Napa Valley estate for $18.5 million after $22 million listing. American Idol host’s lavish retreat featured an infinity pool, olive grove and 10,750-square-foot homeRyan Seacrest has sold his sprawling 40-acre Napa Valley estate in St. Helena for $18.5 million after initially listing it for $22 million....
Neighbour tried to grab land using a rectification deed without owner’s consent: Here's why Supreme Court offered relief to ownerNeighbour tried to take land using rectification deed without informing owner; Supreme Court says rectification deed cannot change title of...
RINL to put over 450 plots in Vizag on blockThe Centre plans to sell urban land assets of Rashtriya Ispat Nigam Ltd in Visakhapatnam. The National Land Monetisation Corporation will c...
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...
Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...
Land(ing) in trouble: ₹8,500 cr property deals under taxman's scannerTransactions were either not reported, were undervalued or had suspected benami ownership; deals span bulk land purchases, agri land & othe...
Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weighChinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform China’s housing pr...
Houston lawyer buys $15.5 million, 15,000-sq-ft mansion just to demolish it; plans to donate $4 million worth of luxury materials & turn the land into a garden; here’s whyIn River Oaks, Houston lawyer Tony Buzbee has purchased a mansion to expand his existing property. He has partnered with Habitat for Humani...
Global Market: Chinese property stocks slide as new rules raise consolidation fearsChinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers’ reliance on homebuyer funds an...
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 ...
NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...
If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...
Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
Property Tax: Selling your property too early after buying it? 5 small mistakes can wipe out your tax savings