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SELF ACQUIRED PROPERTY
Father gave his share of joint family land to second son; first son lost challenge but got 1/8th share in father’s self-acquired land, know whyA recent Madras High Court case addressed the inheritance dispute between two brothers regarding family property. Balakrishnan challenged t...- Family members can reject sale of joint HUF land and treat it as void if Karta sells it solely for personal benefit; Key legal rules you must knowIn a Supreme Court ruling from earlier this year, the sale of joint ancestral property was deemed invalid if it only benefited one family m...
- A janitor with a thick Indian accent was told he’d never be employed anywhere in USA. He later dropped out of Stanford, joined Goldman Sachs, built 3 billion-dollar venturesSetbacks are inevitable. The best thing you can do for yourself is not giving up. Taking to Instagram, Acquisition.com CEO and managing par...
- Brother refused to give sister her share; Bombay HC upholds her 1/3 property right after mother gave her share to sonThe Bombay High Court has recently ruled in favor of a sister's claim to a portion of family property, rejecting her brother’s objections. ...
- Father bought 5-bigha land in elder brother’s name, other brothers claimed it was joint family land; M.P. High Court rules in elder brother’s favour, here's whyFather bought 5-bigha land in elder brother’s name; other brothers objected, claiming joint family funds were used, but Madhya Pradesh HC u...
- Sister’s husband claimed he got his father-in-law's land via oral gift and sold it but her brothers objected; Madras HC rules in brothers' favour for this reasonSister’s husband’s family sold her father’s 36 cents land claiming he had got the land via oral gift; Madras HC rules this oral gift invali...
- Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
- Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gainsFor giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends no...
- Govt should move beyond rhetoric, claims to improve education, healthcare: MayawatiBSP president Mayawati raised concerns regarding poverty, inflation and unemployment during an event marking Kanshi Ram’s death anniversary...
- Sisters demanded 1/3 share in parents’ lands, citing Hindu Succession Law, but brother won the case in Madras HC; know whyBrother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents’ lands,...
- Waiting on income? Deferring payments into next year could reduce your 2026 taxable income, but there is a catch you should know firstIf you’re self-employed and expect a lower income next year, delaying eligible payments until January could reduce your current-year taxabl...
- Think your Roth IRA lowers your taxes this year? It doesn't, because contributions aren't deductible, and here is who should use it nowMany small business owners fund a Roth IRA expecting an immediate tax break. That calculation is flawed. Roth IRAs run on after-tax income....
- As Thailand cracks down on foreigners, a tourist paradise reconsiders its welcomeThailand is facing a growing backlash against foreign influence in its tourist hotspots, particularly southern islands such as Koh Phangan,...
- Grandmother gifted 2.5-acre land to son’s second wife, who sold it; granddaughter challenges sale claiming it to be ancestral land, but loses case in the High Court for this reasonGranddaughter lost 2.5 acre of land as her grandmother had gifted it to her step-mother who sold it; Madras HC rejects granddaughter’s ance...
- 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...
- Horoscope Today, September 27, 2026: Pitru Paksha Begins as Uttara Bhadrapada Shifts to Revati, Bringing Emotional Closure, Ancestral Reflection and Fresh PerspectiveSeptember 27, 2026, brings a reflective shift as Pitru Paksha begins with Krishna Pratipada, following Bhadrapada Purnima and Purnima Shrad...
- Ancestral vs self-acquired property: When oral relinquishment is valid under Hindu succession lawFor ancestral property oral relinquishment can suffice but not for self-acquired properties; Check what Hindu Succession law says. Ancestra...
- Father attested brother’s sale deed, children lost 3.5 acres: What Madras HC ruled on oral partitionAttesting brother’s sale deed has major legal consequences in proving oral partition of ancestral land; How children lost 3.5 acre land dis...
- A Scottish schoolyard hid ancient Egyptian artifacts for decades; when archaeologists finally investigated, they uncovered objects dating back more than 2,500 yearsA Scottish schoolboy digging for potatoes in 1952 unexpectedly uncovered an ancient Egyptian statue head at Melville House in Fife. More di...
- Grandson claims share in late grandfather’s 75-bigha land and challenges sale by father; Rajasthan HC rejects his claim for this reasonGrandson claims share in late grandfather’s 75-bigha land, challenges sale by father; Rajasthan HC says it is father’s inherited land and r...
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