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    HUSBAND DIVORCE CASE

    Father sells house worth Rs 67 lakh and shows only Rs 1,690 income in ITR, wins case in ITAT Ahmedabad; Know how

    Dilip, an Indian taxpayer, won a case at the ITAT Ahmedabad regarding a Section 54 LTCG tax exemption. Despite initially facing scrutiny for claiming Rs 15.99 lakh as indexed cost of improvement with cash payments and selling his house below stamp duty value, the ITAT directed the tax officer to verify and allow his claim. Read more.

    She sold her house for Rs 2.7 crore to buy seven new flats and paid no income tax, wins case in ITAT Delhi; Know how

    Saroj sold her Punjabi Bagh house for Rs 2.7 crore. She then bought seven apartments in Greater Noida. She reported Rs 5 lakh income in ITR and claimed Rs 2.2 crore LTCG tax exemption. The tax department partially denied the exemption. Then Saroj appealed to ITAT Delhi. ITAT Delhi ruled in her favor.

    Husband files for divorce from wife citing her mental illness started much before marriage; High Court denies divorce on this ground

    A husband's plea for divorce from his wife, citing her concealed mental illness and subsequent cruelty, was rejected by the Chhattisgarh High Court. The court emphasised the husband's failure to provide concrete medical evidence, such as expert testimony or clinical records, to substantiate his claims of the wife's schizophrenia. Read to know more details about this divorce case.

    How to file ITR if you have sold house or land in FY 2024-25

    For AY 2025-26, individuals and HUFs selling property can save on capital gains by reinvesting in another property under Section 54/54F. Choosing the correct ITR form, like ITR-2 or ITR-3, is crucial. Depositing unutilized gains in the CGAS before filing the ITR is essential to avoid taxation. Taxpayers must report sale details and claim exemptions accurately in Schedule CG.

    Alimony: Retired husband to pay 60% of his pension income as maintenance to divorced wife, orders High Court

    A retired UCO Bank employee faced a legal battle when his ex-wife demanded continued maintenance payments, including a 5% increase every two years. Despite his reduced pension, the High Court ordered him to pay Rs 25,000 monthly, citing the wife's right to maintain a similar lifestyle and considering his potential earnings beyond his declared income. Read to know why this husband lost the case.

    Divorce: Alimony of wife can be fixed based on these eight factors, says Supreme Court

    The Supreme Court has outlined eight key factors for determining alimony in divorce cases, emphasizing that these are guidelines, not strict rules. Lawyers highlight additional considerations like marriage duration, conduct during litigation, and future earning potential. Courts also assess lifestyle post-separation, childcare responsibilities, and any prior settlements to ensure fair and reasonable alimony amounts. Read more.

    The Economic Times
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