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REASSESSMENT
A house divided by the draftsman
Two issues come up routinely for debate in the context of housing-related tax benefits. Section 54 of the Income-Tax Act, 1961 spares long-term capital gains from transfer of a residential house from tax if at least such gains are ploughed back ... More

EAR TO THE GROUND
Stake sale buzz in Indusind Bank
Market talk of Deutsche Bank picking up a stake in the mid-sized private sector IndusInd Bank has increased the trading interest and volumes in the bank’s stock. Despite the sharp corrections in the stock markets for the past few days, the ... More

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