The Revenue Advisory Council (RAC) of Federal Board of Revenue (FBR), it is reported in the Press, has recommended imposition of Capital Gains Tax (CGT) on the sale of immovable property. Member Legal ...

The unanimously-passed 18th Constitutional Amendment, received assent of President on April 19, 2010, was undoubtedly a titanic exercise aimed at securing consensus through parliamentary negotiations ...

When discussing property, terms like "movable" and "immovable" often come up. These types of property differ significantly in ...

Sale of immovable property in India owned by a Non-resident (NR) individual is a more tedious affair as compared to sale/ transfer made by a resident of India because of the compliances and tax ...

Hibatullah Akhundzada, Taliban leader, orders seizure of movable and immovable property belonging to absent individuals and those accused of corruption, transferring authority to military courts.

Lis pendens in common parlance means “a pending legal action”. The doctrine of lis pendens finds its place in Section 52 of TOPA which provides that if there is any transfer of any immovable property ...

Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller, of over Rs. 50 lakh, a TDS of 1% will apply, even if there are more than one buyers and the ...