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Income Tax: Cash Transactions Above This Limit Will Attract 100% Penalty – Know the Latest Tax Rules

To promote digital payments and prevent tax evasion , the government has imposed strict rules on cash transactions . If a person exceeds the permitted cash transaction limit , they will have to pay a penalty equal to the amount transacted . The Income Tax Department is closely monitoring large cash dealings, making it essential for individuals and businesses to follow the tax regulations to avoid legal trouble. What Are the Limits on Cash Transactions? According to the Income Tax Act, 1961 , there are strict restrictions on cash dealings. If you exceed these limits, you may face hefty penalties . Let’s explore the key sections of the Income Tax Act related to cash transactions and their penalties. 1. Section 269SS: Cash Loan or Deposit Above ₹20,000 is Prohibited As per Section 269SS , no individual or business can accept a loan, deposit, or specified sum in cash if the amount exceeds ₹20,000 . The main objective is to ensure transparency in financial transactions and prevent b...

Essential Property Documents You Must Check Before Buying to Avoid Legal Issues

Buying property is one of the biggest financial decisions in life. A single mistake in the buying process can lead to legal troubles, financial losses, and unnecessary stress. Whether you are purchasing land, a house, or an apartment, verifying property documents is crucial. Without proper document verification, you might end up in lengthy legal battles. In this article, we will discuss the key documents you must check before purchasing any property to ensure a smooth and hassle-free ownership experience. Why Is Document Verification Important? Many people buy property without verifying its legal status, which leads to disputes and fraud. Some common issues include: ❌ Illegal ownership claims – The seller might not be the actual owner. ❌ Pending loans or mortgages – The property could have unpaid debts. ❌ Encroachment issues – The property might be built on disputed land. ❌ Government acquisition risks – Some properties are marked for future government projects. To avoid th...

House Renting Tips: किराए पर घर लेने से पहले जरूर करें ये जरूरी काम, बाद में नहीं होगी परेशानी

आजकल नौकरी और व्यापार के कारण लोगों को नए शहरों में रहना पड़ता है। ऐसे में सही किराए का घर ढूंढना एक बड़ी चुनौती हो सकती है। कई बार जल्दबाजी में घर लेकर लोग ऐसी गलतियां कर देते हैं, जिनका पछतावा बाद में होता है। अगर आप भी नए शहर में किराए पर घर लेने की सोच रहे हैं, तो कुछ जरूरी बातों का ध्यान जरूर रखें। इससे न केवल आपको सही घर मिलेगा, बल्कि भविष्य में किसी तरह की परेशानी से भी बच सकते हैं। 1. रेंट एग्रीमेंट बनवाना न भूलें कई लोग बिना रेंट एग्रीमेंट के ही मकान ले लेते हैं, जिससे आगे चलकर कानूनी समस्याएं हो सकती हैं। रेंट एग्रीमेंट एक लीगल डॉक्यूमेंट होता है, जिसमें किराए से जुड़ी सभी शर्तें लिखी होती हैं। रेंट एग्रीमेंट के फायदे: ✔ कानूनी सुरक्षा: अगर मकान मालिक बीच में ही किराएदार को निकालना चाहे, तो बिना एग्रीमेंट के ऐसा करना मुश्किल होगा। ✔ साफ शर्तें: किराया, सिक्योरिटी मनी, मेंटेनेंस चार्ज जैसी चीजें पहले से तय होती हैं। ✔ झगड़ों से बचाव: अगर भविष्य में कोई विवाद होता है, तो रेंट एग्रीमेंट कोर्ट में सबूत के रूप में काम आता है। रेंट एग्रीमेंट के बिना क्या हो सकता है? ❌ ...

Divorce Act: Husband Can Also Claim Alimony from Wife – Know the Legal Provisions

When a marriage ends in divorce, it is commonly believed that only the wife is entitled to alimony from the husband. However, very few people know that under certain circumstances, a husband can also claim alimony from his wife. The Hindu Marriage Act provides specific provisions for this. If the husband is financially weak and the wife earns significantly more, the court can order the wife to pay alimony to her husband. Let’s understand the legal provisions regarding husband’s alimony rights and the conditions under which he can claim financial support from his wife. Legal Provisions for Alimony Under the Hindu Marriage Act The Hindu Marriage Act, 1955 , has several provisions related to alimony and maintenance. These laws ensure that financial support is provided to the spouse who is unable to sustain themselves post-divorce, irrespective of gender. 1. Section 9: Right to Restore Conjugal Relations If a husband and wife are living separately without a valid reason, either of...

Artist Press Publication House Celebrating Artistic Brilliance: Winners of the Art Excellence Award 2025

Art and creativity have the power to inspire, transform, and connect people across cultures and generations. Recognizing the exceptional talent of artists and writers, ARTIST PRESS PUBLICATION HOUSE proudly presents the Art Excellence Award 2025 —a prestigious honor celebrating outstanding contributions in the fields of art, literature, and creative expression. This award acknowledges the dedication, passion, and innovation of those who continue to push the boundaries of creativity, leaving a lasting impact on the world. Congratulations to the Winners! 🎊 We extend our heartfelt congratulations to all the talented individuals who have been honored with the Art Excellence Award 2025 . Your commitment to your craft is truly inspiring! 🏆 Aashish Kumar Jha 🏆 Anjali Saxena 🏆 Dr. Abhinav Majumder 🏆 Dr. Mayaa SH 🏆 Dr. Rashmi Tiwari 🏆 Hajra Banoo 🏆 Khushi 🏆 Khushi Yaduvanshi 🏆 Pradnya Archana Sachin Narawade 🏆 Rahul Meena 🏆 Rajeev Kumar 🏆 Kumar Abhishek...

Property Encroachment: What to Do If Your Neighbor Extends a Window or Gate Onto Your Plot? Know the Legal Remedies

When you purchase a property, you gain full ownership rights over it. This includes the right to use, sell, and modify the property as per your needs. However, sometimes neighbors intentionally or unintentionally encroach upon your property by extending a window, gate, or balcony in your direction. This raises several questions: Does this count as illegal possession ? What legal rights do you have as a property owner? How can you stop the encroachment and protect your land? In this article, we will explain Indian property laws regarding encroachment, court rulings , and the steps you can take to remove unauthorized structures built by a neighbor. What Does the Law Say About Property Encroachment? 1. Does a Neighbor Gain Ownership by Extending a Structure? No. If a neighbor installs a window, gate, or balcony that extends onto your property, it does not give them any legal ownership over your land. The registered owner remains the sole rightful owner of the property. T...

Martyr Ibrahim Hadi: Demise With Poise is Superior to an Existence of Embarrassment

Martyr Ibrahim Hadi: Demise With Poise is Superior to an Existence of Embarrassment is a powerful biography that delves into the life and legacy of Martyr Ibrahim Hadi , a man who symbolized courage, sacrifice, and unwavering faith . Written by Imran Kashmiri , this book serves as both a historical tribute and a deeply personal reflection on the values that define true heroism. Through a combination of historical insights, personal accounts, and philosophical reflections , the book captures the essence of a man who dedicated his life to a greater cause. It sheds light on his moral convictions, struggles, and ultimate sacrifice , making it an inspiring read for those who seek to understand the meaning of martyrdom and resilience . Synopsis The biography offers an intimate portrayal of Ibrahim Hadi’s life , told through a series of memories and anecdotes . One of the most moving aspects of the book is the story of how Imran Kashmiri personally retrieved Hadi’s body from the battlefie...