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WIDOW TAX CASE
Rs 60 lakh cash gift from late husband: Widow gets income tax notice for'unexplained' credit - Know what ITAT ruled- Rs 2.42 lakh FD investment and Rs 1.06 lakh cash deposits, no ITR filed, got income tax notice; senior citizen wins case in ITAT Jaipur after 9-year fight
- Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-light
- Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...03 Aug, 2026, 12.23 PM IST
- Five central government pension schemes every BPL cardholder can apply for online or offlineThe Indian government provides financial aid to BPL families through five schemes under the National Social Assistance Programme. These inc...08 Nov, 2025, 03.02 PM IST
- Uncle sold their grandfather’s 2 acre land without giving them a share, sister’s children files case, loses in Kerala High Court because of Hindu Law of SuccessionA sister's children claimed rights to their grandfather's land sold by their uncle. The Kerala High Court ruled against them. The court fou...23 Oct, 2025, 06.30 PM IST
- Government clerks took Rs 2.8 lakh from widow to clear pension, gratuity dues, she fought back; Chhattisgarh HC refuses to quash FIR against the accusedGovernment clerks demanded Rs 2 lakh from a widow to clear her late husband's pension and gratuity. She paid Rs 2.8 lakh but received nothi...20 Oct, 2025, 08.37 AM IST
- Granddaughter says father and aunt denied her share in grandfather’s property; Delhi Court quotes Hindu Succession Act to reject her claimThe Delhi High Court dismissed K. Jain's plea. She sought a share in her late paternal grandfather, Mr. Pawan's property. Mr. Pawan died in...08 Oct, 2025, 12.33 PM IST
- Social Security: These states have some tax exemptions on benefits; details hereIf you are living in some US states, you have to pay state taxes on Social Security benefits as well. There are certain categories that are...03 Mar, 2025, 10.17 PM IST
- Punjab cabinet approves one-time settlement scheme for tradersVarious trade associations had urged the state government to introduce a one-time scheme (OTS) for the clearance and settlement of outstand...11 Jan, 2021, 11.32 PM IST
- Lessons from Murugappa: What are your inheritance rights as a woman?Succession and inheritance laws are still grey areas for many women, largely due to the lack of uniformity.04 Jan, 2020, 10.01 PM IST
- Inheritance rights of women: How to protect them and how succession laws varyWhether you are a wife, daughter or mother, find out what you are entitled to and how you can claim it.29 Jul, 2019, 08.30 AM IST
- Sold a depreciable property? You can claim section 54F tax benefitITAT decision will aid taxpayers who invest capital gains proceeds in a new residential house after selling commercial property where depre...17 Oct, 2018, 02.57 PM IST
- SC defreezes three bank accounts of Mumbai's Adarsh SocietyThe Adarsh scam had kicked up a political storm leading to the resignation of the then Congress chief minister of Maharashtra, Ashok Chavan.05 Jan, 2018, 10.57 PM IST
- Horse trading case: MLA Sita Soren surrendersSita Soren, the daughter-in-law of ex-Chief Minister Shibu Soren, surrendered to a local court here in a case of horse trading registered b...25 Feb, 2014, 12.58 PM IST
- All gratuity received is not tax exempt despite hike in limitsOur expert offers tips on various tax-related issues in this weekly column.17 Jun, 2010, 01.40 AM IST
- Refund claims may rise on derivatives lossesUnexpected losses suffered by corporates, which were exposed to forex derivatives and lower profits for banks, could result in a rise in re...03 Apr, 2008, 12.48 AM IST
- I-T exemption limit raised to Rs 1 lakhThe government on Thursday raised the income tax exemption limit to Rs 1 lakh while imposing a two per cent education cess on taxable incom...08 Jul, 2004, 02.32 PM IST
- Rock 'n' dole: Are the rebates coming?Mention personal tax, and the first thing that comes to mind are rebates and deductions available to taxpayers. Over the years, tax benefit...18 Feb, 2003, 04.54 AM IST
- Kelkar retains sting despite cutsThe final report of the Kelkar panel on direct taxes is not very different from the initial consultation paper.28 Dec, 2002, 01.08 AM IST
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