WIFE SELLS HUSBANDS HOUSE
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.
Now even BJP CA cell asks for ITR deadline extension due to technical glitches, data mismatch on the ITR portal
The Bharatiya Janata Party (BJP) CA Cell in Pune has urged Finance Minister Nirmala Sitharaman to extend Income Tax Return (ITR) and tax audit deadlines, citing challenges like delayed utility releases, technical glitches on the income tax portal, and reduced working days due to festivals and heavy rains. Several other associations like BCAS, have also requested extensions due to similar difficulties.
NFL Power Couples: WAGs who shine on and off the field - In Photos
American football's power couples captivate fans with their on and off-field presence. Olivia Culpo and Christian McCaffrey recently married and welcomed their first child. Simone Biles supports her husband, Jonathan Owens, while excelling in gymnastics. Hailee Steinfeld and Josh Allen are engaged after a public romance. Ashli Dotson Evans co-founded a foundation with Mike Evans.
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.
Sridevi refused to share her room with husband Boney Kapoor during the shoot of her last film
Sridevi's dedication to her craft shone brightly in her final film, Mom. Boney Kapoor revealed she sacrificed Rs 70 lakh from her fee to secure A.R. Rahman as the composer. Furthermore, Sridevi maintained her distance from Boney during filming, refusing to share a room to fully immerse herself in her role as a determined mother seeking justice.
Australia's 'mushroom murderer' handed life in prison with parole
Erin Patterson was sentenced to life in prison with a possibility of parole after 33 years for fatally poisoning three relatives with toxic mushrooms during a lunch in 2023. The judge highlighted the trauma inflicted and lack of remorse. The sole survivor, Pastor Ian Wilkinson, expressed grief, while Patterson has the option to appeal the conviction and sentence.
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She owned 4 homes but sold them all to live on rent: Millionaire money coach shares how renting helped her get richer
Financial coach Bernadette Joy challenges the traditional belief that homeownership is essential for wealth. After owning four properties, she and her husband sold them to return to renting. The move helped them save on hidden costs, reduce stress, and invest more effectively. Joy’s experience highlights how renting can offer financial freedom, flexibility, and peace of mind—proving that wealth-building doesn’t always require owning property.
Lopez photographed shopping with Ben Affleck’s son, Samuel after divorce
Jennifer Lopez was spotted in Beverly Hills with her daughter Emme and Ben Affleck's son Samuel. They visited luxury stores and had lunch. This is their first public outing since August 2024. Lopez and Affleck divorced earlier this year after two years of marriage. Affleck shares three children with ex-wife Jennifer Garner.
If you don’t make these 8 disclosures, your ITR may be treated as defective
Filing income tax returns (ITR) requires careful attention to detail, as certain omissions can lead to a defective ITR. Key disclosures include foreign assets, income, crypto transactions, and unlisted equity shares. Failing to report these details, especially for residents with overseas holdings, can result in penalties and even imprisonment, though some relief exists for movable assets under Rs 20 lakh.
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.
'No one thought she was the type...': Coldplay kiss cam HR chief Kristin Cabot wild college party secrets explode
Kristin Cabot, who was spotted getting intimate with her then-boss Andy Byron during a kiss cam moment at a Coldplay gig in July, has allegedly lodged divorce papers against her husband. Amid the controversy, her college party days have re-surfaced and a former classmate said she gave off a very polished, confident vibe.
Prince Hisahito of Japan is the first male royal to reach adulthood in 40 years, he could be the last
Prince Hisahito's adulthood marks a significant moment as the first male royal to reach this milestone in four decades, highlighting the challenges facing Japan's male-only succession policy. With a dwindling number of male heirs, the imperial family faces a potential succession crisis, prompting discussions on revising the Imperial House Law to allow female succession.
Kiss cam scandal: Kristin Cabot, caught clinching at Coldplay concert with Andy Byron, files for divorce
Coldplay Kiss Cam Scandal: The controversy erupted when the stadium’s kiss cam landed on Kristin Cabot, 52, caught embracing Andy Byron, 50, during Coldplay’s concert in Foxborough, Massachusetts.
“No regret”: Man confesses after shooting wife dead in busy Gorakhpur market amid ‘costly’ divorce dispute
In a shocking incident in Gorakhpur, Uttar Pradesh, Vishwakarma Chauhan was arrested for fatally shooting his wife, Mamta Chauhan, in a crowded market. The tragic event stemmed from a heated dispute over their pending divorce, child support demands, and farmland transfer.
Justin Bieber supports Hailey Bieber's Rhode expands into Sephora- here's what he did for his wife
Justin Bieber is publicly celebrating his wife Hailey Bieber's success as her skincare and makeup line, Rhode, launches in Sephora stores across the U.S. and Canada. He shared a screenshot of the announcement, captioning it with lyrics from his song "Go Baby," which is about Hailey and Rhode's Lip Case.
Melania Trump has a warning for humanity: 'Robots are here'
Melania Trump addressed the potential and perils of AI at the White House, emphasizing the need for responsible management and guidance, likening it to nurturing children. She highlighted AI's growing presence in various sectors, contrasting her perspective with her husband's recent comments on AI-generated content. Her focus as first lady includes digital safety and AI initiatives.
Russian tycoon Vladimir Potanin's ex-wife wins right to sue for £16 billion fortune in historic divorce case
Russian billionaire Vladimir Potanin’s ex-wife, Natalia Potanina, has won a major step in her long divorce battle. A UK court said she can sue in England for a share of his £15.7 billion fortune. The case is seen as historic and could become one of the biggest divorce settlements in the world.
Asking an educated, earning wife to contribute to household expenses is not 'cruelty': HC
The Calcutta High Court has stated that expecting an educated, working wife to help with household costs isn't 'cruelty' as defined by Section 498A of the IPC. This ruling came as the court dismissed criminal proceedings against a GSI employee and his family.
Bruce Willis’ wife Emma reveals how she stays close to him daily despite living separately amid his dementia battle
Bruce Willis, the Hollywood star beloved for his action-hero roles, is continuing his battle with frontotemporal dementia (FTD), a progressive illness that has profoundly affected his family’s daily life. His wife, Emma Heming Willis how she navigates their bond during this challenge.
Poll body issues notice to Congress leader Pawan Khera's wife for name in 2 constituencies
Delhi poll authorities have issued a notice to Kota Neelima, wife of Congress leader Pawan Khera. The notice alleges she registered in multiple electoral rolls, including one in Telangana. This follows a similar notice issued to Khera himself. The BJP has accused Rahul Gandhi's party of criminality. Neelima has been asked to respond by September 10 regarding the matter.
Bruce Willis’ wife Emma admits dementia strained marriage as couple now live apart
Emma Heming Willis, wife of actor Bruce Willis, has expressed openly about her journey caring for him after his diagnosis with frontotemporal dementia (FTD). Unlike memory loss, FTD primarily impacts language and personality, making unique challenges for families. Emma relocated Bruce into another home with a full-time care team helping him. She shares experience in her upcoming memoir, The Unexpected Journey.
How to pay zero or lower income tax on your residential property sale using Sections 54 and 54F
Indian income tax laws offer exemptions on long-term capital gains (LTCG) from selling residential property and land. Sections 54 and 54F of the Income Tax Act allow individuals and HUFs to avoid LTCG tax by reinvesting the gains into a new residential property, subject to specific conditions and timelines for purchase or construction.
Fake IED plot to jail ex-hubby backfires on J&K woman
A woman lawyer in Jammu and Kashmir, identified as Rahila Qadri, allegedly orchestrated a plot to frame her former husband on terrorism charges. Qadri, along with her current husband, hired an aide to plant a fake IED at her ex-husband's residence.
Wife with Rs 16 lakh annual income asks for maintenance; husband fights back and wins the case, here's how
In a significant ruling, the Madras High Court denied interim maintenance to a wife with substantial income and assets, reinforcing that such support is intended for those unable to sustain themselves. The court emphasized that Section 24 of the Hindu Marriage Act aims to ensure a comfortable lifestyle, not to enrich an already financially secure spouse.
Husband has to pay income tax for wife’s Rs 17-crore land sale deal due to this reason; ITAT Bangalore ruling explained
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Bangalore held that a wife is exempt from income tax on the ₹17.26 crore sale of land gifted by her husband. The ITAT cited Section 64(1)(iv) of the Income Tax Act, stating that income from assets gifted between spouses is taxable in the hands of the transferor, not the recipient.
Extend ITR and tax audit deadlines due to tax portal glitch, data mismatch in AIS and Form 26AS, new ICAI format, says CCTAX
ITR Filing Deadline Extended?: The Chandigarh Chartered Accountants Taxation Association (CCTAX) has urged the CBDT to extend the ITR and tax audit deadline for AY 2025-26, citing persistent glitches on the ITR filing portal, data mismatches, and recent ICAI format changes. CCTAX highlights that natural calamities and delayed utility releases have further complicated compliance. Read more.
Man gets divorce after 43 years of marriage, cites wife’s constant suspicion and character assassination as mental cruelty
A Jaipur family court granted a 67-year-old retired government officer a divorce after 43 years of marriage, citing mental cruelty due to his wife's constant suspicion and character assassination. The husband alleged his wife denied him access to the AC room, made accusations against his character, and criticized their living conditions.
Nikki case takes a mysterious turn: CCTV footage shows Vipin allegedly not at home when wife was burned alive
The Nikki Bhati murder case sees new developments. CCTV footage places Vipin, the husband, away from the crime scene. Police arrest Vipin's father and brother. Nikki's sister's videos are under scrutiny. Vipin claims innocence. Family disputes and a past affair are revealed. Police investigate dowry harassment and domestic violence angles. The investigation continues with all accused in custody.
'Taunting husband is cruelty': HC says verbal fights, unreasonable demands can be grounds for divorce
The Chhattisgarh High Court granted a 52-year-old lawyer a divorce, citing mental cruelty by his wife. Her actions included taunting him over unemployment during financial struggles, deserting the family without cause, and neglecting court hearings. The court deemed her behavior as both cruelty and desertion under the Hindu Marriage Act, leading to the dissolution of their marriage.
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