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Can you claim Section 54 tax exemption for buying two residential flats? Here's what the ITAT ruling says

A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunals finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.

29 Aug 2026 7:13 pm

Max Estates enters West Delhi housing market with 85-acre land deal: Whats the 10,000-12,000 crore plan?

Max Estates Ltd has acquired 84.71 acres in West Delhi for 420 crore via a share-swap. This marks their entry into Delhi's real estate after projects in Gurugram and Noida. Check how much it expects in revenue.

29 Aug 2026 6:18 pm

OpenAI ends Cursor deal: Is Elon Musk responsible for Sam Altman's company cutting off AI models? What we know

OpenAI announced plans to stop providing AI models to Cursor, a coding tool owned by Elon Musks SpaceX. This development escalates the rivalry between OpenAI CEO Sam Altman and Elon Musk, stemming from a long-standing dispute linked to Musk's $150 billion lawsuit against OpenAI.

29 Aug 2026 5:09 pm

Explained | Why HDFC Bank is set to challenge NCLT order for Subhash Chandra and whats the entire case

HDFC Bank has opposed the National Company Law Tribunal's (NCLT) repayment plan for Zee Group founder Subhash Chandra, allowing creditors to receive around 6.5 crore against admitted claims of 22,006.57 crore. Here's all you need to know about the case.

28 Aug 2026 10:20 am