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SALES TAX
Mankind Pharma shares key business developments from Q2 & H1 of FY27- In 2019, a woman bought a Missouri home at a tax sale; a beneficiary deed complicated who really owned it; what exactly happened?
- In 2021, a Pennsylvania property was sold at a tax sale; one owner's notice challenge changed the case; what exactly happened?
- Mark Zuckerberg makes deal with Meta to help him pay billionaire tax if it passesMark Zuckerberg has made a deal to manage potential tax liabilities from a proposed wealth tax in California. The tax would impose a one-ti...23 Oct, 2026, 07.09 AM IST
- In 2012, a Philadelphia property went to a tax sale after unpaid bills piled up; years later, the fight over leftover money continuedNotably, James died in 2016. Then Loretta Leverett went to the court. She said that she was the surviving spouse and an interested party. S...23 Oct, 2026, 01.36 AM IST
- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...23 Oct, 2026, 12.46 AM IST
- GST return forms likely to be tweaked to curb mismatchesThe government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be...23 Oct, 2026, 12.00 AM IST
- Chinese spending curbs weigh on Hermes salesRevenue in the region that includes China, the luxury group's biggest market, flatlined at constant exchange rates, Hermes International sa...22 Oct, 2026, 11.44 PM IST
- Scion of one of India’s biggest fortunes puts his England mansion up for discount saleAnand Nadathur, inheritor of a huge fortune in India, has reduced the asking price of his opulent Surrey property from £19.5 million to £15...22 Oct, 2026, 09.32 PM IST
- In 2021, a Baltimore property entered the tax-sale system despite a $13,478 tax payment; what did the court say?The house at 2426 Reisterstown Road in Baltimore was bought by Frederick Williams in 2020. On April 22, 2021, he paid the city $13,478.67 b...21 Oct, 2026, 08.39 PM IST
- Navratri vehicle sales hit a speed bump, but EVs race ahead 27%: FADAVehicle retail sales in India experienced a year-on-year decline of 6.52% during Navratri. Passenger vehicle and two-wheeler sales contribu...21 Oct, 2026, 06.07 PM IST
- Income Tax Rules 2026: CBDT notifies Form 173A to claim exemption on interest, capital gains from government securitiesIn a significant update, the Central Board of Direct Taxes has rolled out Form 173A, effective from October 19, 2026, under the Income-tax ...21 Oct, 2026, 12.35 PM IST
- CBDT mandates new disclosures for tax-free gains on govt securitiesThe Central Board of Direct Taxes has introduced new disclosure requirements for taxpayers claiming exemptions. Taxpayers will need to prov...20 Oct, 2026, 11.45 PM IST
- In 1999, a Texas family lost its mineral rights in a tax foreclosure; 20 years later, heirs challenged the sale, what did the state Supreme Court say?In April 2024, the Supreme Court of Texas considered a dispute. It involved mineral interests that were sold at a tax auction in 1999. It w...20 Oct, 2026, 08.23 PM IST
- I have LTCG tax liability of Rs 16 lakh from land sale; should I pay income tax or reinvest to save?ET Wealth Reader's Query: I am 57. I recently sold a piece of land near Jewar airport, resulting in a long-term capital gains (LTCG) tax li...20 Oct, 2026, 03.23 PM IST
- CBDT makes Form 173A mandatory to claim tax exemption on interest and gains from government securitiesThe Central Board of Direct Taxes has introduced Form 173A for income-tax exemption claims. This new form includes detailed information to ...20 Oct, 2026, 11.08 AM IST
- In 2021, a Pennsylvania woman's property was auctioned over a $7,771 tax bill; she claimed she was told the notice concerned a trailer, but court rejected her appealThe tax bureau had sent her a certified letter about the unpaid taxes in April 2020. In that same year, it sent her another notice by certi...19 Oct, 2026, 09.22 PM IST
- Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...19 Oct, 2026, 01.42 AM IST
- In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownershipJames M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay ...18 Oct, 2026, 08.07 PM IST
- ₹1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT DelhiThe Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Depart...15 Oct, 2026, 10.49 AM IST
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