Selling Ancestral Property: Why April 1, 2001, Fair Value Matters for Capital Gains
Income Tax rules allow fair market value as on April 1, 2001 for ancestral property acquired before that date, reducing capital gains tax liability.
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Income Tax rules allow fair market value as on April 1, 2001 for ancestral property acquired before that date, reducing capital gains tax liability.
Chhattisgarh High Court holds that a wife living separately without sufficient reason is not entitled to maintenance under Section 125 CrPC, upholding family court order.
Supreme Court rules that accused persons exercising legal remedies by challenging trial court orders cannot be blamed for delaying trials, reinforcing fair trial rights.
Karnataka High Court rules that FIRs cannot be registered against juveniles for petty offences under the JJ Act, reinforcing rehabilitation over punishment.
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