Buyer purchased Rs 8.85 crore worth property by paying Rs 6.5 crore; Tax dept sent notice for unexplained property investment u/s 69B; Know...

Family member sold his 1/3rd share of agricultural land for Rs 7.24 crore, pays no tax, tax dept sent notice, he wins case in ITAT Ahmedaba...

Zostel withdrew a new application against Oyo parent PRISM in Delhi High Court. The court dismissed the application as withdrawn, finding i...

Chennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...

Dennis Hope's decades-long venture in selling lunar real estate rests on his interpretation of an international treaty. Nonetheless, legal ...

The Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....

Tamil Nadu Chief Minister C Joseph Vijay defended direct talks on the Cauvery water dispute. He stated readiness for humiliation if dialogu...

The Supreme Court deemed the initial mediation report in the Sunjay Kapur family trust dispute satisfactory. This dispute involves Sunjay K...

Wife got tax notice as she claimed Section 54F tax exemption by purchasing her husband’s own Mumbai property for Rs 7.5 crore; ITAT Mumbai ...

Foreign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...

New government norms permit foreign investment in inventory-based e-commerce for exports. Companies must register as Exporter-on-Record to ...

The Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will...

ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, th...

The government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...

Higher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...

Lady got tax notice after selling land for Rs 92 lakh and reporting Rs 22.94 lakh LTCG in ITR; Know how Section 55A(a) helped her win case ...

Builder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...