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TAX DUES ATTACHMENT
Only 2.3% of wealthy family businesses are ready for succession. What’s holding them back?Julius Baer–EY’s Family Barometer Report 2026 shows that 65.9% of families believe the next generation is not yet ready, while emotional at...21 Oct, 2026, 08.31 AM IST- In 1998, MGM billionaire Kirk Kerkorian paid $4 million for a Beverly Hills property and built a 9,700-sq-ft mansion; 17 years later, the property sold for $19 millionIn 1998, Kirk Kerkorian purchased a villa in Beverly Hills for $4 million and later sold it for $19 million. After Kerkorian's death, Steph...14 Oct, 2026, 06.50 PM IST
- Property tax waiver extended for residents of this part of Delhi: Check the new deadline to pay taxDelhi property tax: The Municipal Corporation of Delhi has introduced SUNIYO 2.0, an amnesty scheme for homeowners with unpaid property tax...14 Oct, 2026, 04.51 PM IST
- GST relief for gaming companies raises hopes across the sectorTax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court rul...03 Oct, 2026, 12.18 AM IST
- NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...02 Oct, 2026, 11.41 AM IST
- Warren Buffett's analysis was correct. His temper was not. The bill ran into billionsThere was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains...01 Oct, 2026, 09.07 PM IST
- India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...01 Oct, 2026, 06.07 PM IST
- Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cutJefferies has moved Max Financial Services to the top of its life insurance picks, retaining a Buy rating despite cutting its target price....28 Sep, 2026, 02.02 PM IST
- Rs 14.42 lakh Belgium salary of IT pro triggered tax demand in India after Form 67 was missed; ITAT Bangalore gives reliefEmployee with Rs 14.42 lakh salary pays Rs 4.53 lakh income tax in Belgium and asks for credit under the India-Belgium DTAA; Income Tax Dep...22 Sep, 2026, 03.09 PM IST
- CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extendedIncome tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...19 Sep, 2026, 09.49 AM IST
- Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...18 Sep, 2026, 02.41 PM IST
- UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...17 Sep, 2026, 08.56 AM IST
- Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...04 Sep, 2026, 02.21 PM IST
- Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...20 Aug, 2026, 05.08 PM IST
- Got Income Tax notice asking you to pay Rs 6,000 in tax? Check this warning from government’s fact check teamAttention taxpayers: a fraudulent Income Tax notice demanding a payment of Rs 6,000 has been detected online. The Fact Check team from the ...14 Aug, 2026, 05.21 PM IST
- Income Tax department attaches Unitech's shares in Uninor for outstanding tax duesThe IT department has attached the shares of three companies through which realty firm Unitech Ltd holds about 33% stake in mobile phone co...28 Mar, 2012, 10.00 AM IST
- Kingfisher Airlines crippled as a/cs attached for tax duesUncertainty has again gripped Kingfisher passengers with the airline's crisis worsening after tax authorities late last week attached its b...22 Feb, 2012, 12.07 PM IST
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