Property transfers through PoA not valid

An income tax tribunal held that the PoA could not be construed as an instrument of transfer concerning any right, title, or interest in the immovable property.Tinesh Bhasin reports. Illustration:......

Is compensation received from employer taxable?

There are judicial precedents where it has been held that if payment is made for temporary disablement, it would be taxable, points out Tinesh Bhasin. Illustration: Dominic Xavier/Rediff.com......

Do not park too much money in co-operative banks

Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay......

Why home-buyers may have to renegotiate with builders

After the NHB asked housing finance cos to desist from offering interest subvention schemes, disbursement of loans are likely to get delayed, points out Tinesh Bhasin. Photograph: Francis......