The ruling underscores the risks for business owners, estate planners and beneficiaries when estate transfer documents are ...

Husband gifts two flats to wife in 2017, wife sells them in 2020 for Rs 6 crore (5.98) and pays no income tax, Mumbai ITAT ...

If your loved one was generous with gifts then unless they kept good records you might have to turn detective when filling in ...

If you have money to give your children, you certainly can, but you should be aware that you may face consequences should you apply for ...

I repurposed a barn, rustled up tables and chefs, and launched a small Supper Club. Then the Rules and Regulations Squad ...

ITAT Delhi held that doubting the whole transaction of sale of shares as sham transaction merely on the basis of discrepancy in the record maintained by ROC not justifiable. Accordingly, appeal ...

While a property received as a gift from parents is not taxed, if you decide to sell it later, you will be liable to pay capital gains tax on the profit earned ...

The most common way parents help is by contributing to the down payment, often in the form of a gift. In 2025, the IRS allows ...