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STAMP DUTY VALUE TAX CONSIDERATIONS
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'- Victory for Noel Tata as enquiry into share transfer closed; Charity Commissioner finds the Tata Sons deal followed due process
- Windfall tax slashed on fuel exports
- Can a right to collect toll become taxable payment? The GST questionA Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...01 Sep, 2026, 11.17 PM IST
- India cuts diesel export levy to Rs 1/litre from Rs 3, windfall tax to Rs 19As of September 1, the Centre has updated the export duties levied on petroleum products. Notably, the export charge on diesel has been red...01 Sep, 2026, 06.02 PM IST
- 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 ...01 Sep, 2026, 12.03 PM IST
- Fast-fashion giant Shein plunges 10% on Hong Kong debutIn its inaugural trading day in Hong Kong, fast-fashion retailer Shein experienced a ten percent drop in stock prices. The company successf...01 Sep, 2026, 09.12 AM IST
- 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...01 Sep, 2026, 01.13 AM IST
- Best Italian proverb of the day: “Good wine comes in small barrels” a life lesson on quality over quantityBest Italian Proverb of the Day: “Good wine comes in small barrels” highlights the idea that size does not determine quality. The Italian p...31 Aug, 2026, 10.54 PM IST
- Mumbai property market continues strong run, records best-ever AugustMumbai's property market achieved its highest August registrations ever. The city recorded 12,387 property registrations during the month. ...31 Aug, 2026, 05.40 PM IST
- Assam govt to invest Rs 50,000 crore in developing infra over five years: Himanta Biswa SarmaAssam is set to allocate an impressive fifty thousand crore rupees over the next five years towards bolstering its infrastructure. This amb...30 Aug, 2026, 10.42 PM IST
- Assam Cabinet clears Rs 50,000 crore Viksit Assam push, solar and healthcare projectsIn a landmark decision, the Assam Cabinet has approved a 30 MW solar energy initiative along with a 25 MW battery energy storage system. La...30 Aug, 2026, 07.32 PM IST
- ‘Family Man’ Manoj Bajpayee buys 4.45 acres of land at this location near Pune for nearly Rs 1.4 croreFamily Man actor Manoj Bajpayee has expanded his real estate portfolio by purchasing 4.45 acres of agricultural land near Pune for Rs 1.37 ...30 Aug, 2026, 10.36 AM IST
- 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.24 Aug, 2026, 05.00 PM IST
- Should I make my foreign national son a co-owner of my properties for inheritance?ET Wealth Reader's Query: I’m a single parent and my only son is now a foreign national. I want to safeguard his interests and am wondering...20 Aug, 2026, 12.09 PM IST
- Succession Planning: 8 key tax considerations you should take into accountSuccession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's ...18 Aug, 2026, 03.18 PM IST
- Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior c...18 Aug, 2026, 11.53 AM IST
- NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...14 Aug, 2026, 01.24 PM IST
- Paid Rs 6.5 crore and bought a property with stamp duty value of Rs 8.85 crore, got income tax notice for unexplained investment; He fought back won relief in ITATBuyer 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...11 Aug, 2026, 03.35 PM IST
- Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai 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...10 Aug, 2026, 05.24 PM IST
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