Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...
Wife refused to leave sister-in-law’s house after husband moved out; Delhi HC orders her evictionA Delhi High Court ruling has affirmed a woman's eviction from her sister-in-law's inherited property. The court stated that once a husband...
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Bengaluru property owners alert! Can you get mutation done without a Khata? Here’s what the law saysBengaluru property owners can face challenges with mutation without an existing Khata. While legally possible with valid title documents, t...
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
SC asks Karnataka HC to expeditiously decide ED-Embassy dispute, declines to interfere with interim orderA Bench of Justice Dipankar Datta and Justice Augustine George Masih passed the order while hearing a Special Leave Petition filed by the E...
Bengaluru property tax: e-Khata open house to be held on May 30, 2026 at these areas under Bhoo Guarantee schemeBengaluru citizens can attend an e-Khata open house on May 30, 2026. This event, part of the Bhoo Guarantee- 6th guarantee scheme, offers o...
e-khata established order in Bengaluru property administration, says GBA Spl CommissionerBengaluru e-khata: This digital initiative has brought structure to property dealings, successfully minimising issues related to unapproved...
Inherited property via Will? Do you need mutation in your name - here’s what law saysInheriting property via Will? While mutation records update who pays taxes, they don't transfer ownership. Courts permit mutation for heirs...
Man added his name to ancestral land records using common surname trick; Karnataka HC restores land to original ownersThe Karnataka High Court restored ancestral land to three brothers after an outsider, Basappa, falsely mutated his name using a common surn...
Delhi’s sub-registrar offices to get Passport Seva Kendra-style upgrade with AC lounges, digital help desks and token systemsDelhi is set to modernise its sub-registrar offices with a major overhaul aimed at creating a system similar to Passport Seva Kendra centre...
Bengaluru property tax: e-Khata open house on May 23, 2026 for grievance redressal under Bhoo Guarantee from 10AM till 5PM in these locationsBengaluru's Greater Authority is hosting an e-Khata open house on May 23, 2026, from 10 AM to 5 PM across various locations including White...
Son’s two shops were stated to be demolished without compensation; HC stops demolition as he produced a registered sale deedA man successfully saved his two shops from demolition by the municipality. The shops were slated for removal to widen a road. The Andhra P...