Browsing Tag

Capital Gains Tax

7 posts
Sold a house and bought another? ITAT Mumbai says brokerage paid to a broker’s HUF may not reduce your section 54 capital gains tax.

Bought a House After Selling One? This Brokerage Mistake Won’t Save on Capital Gains Tax

If you sell a house in Mumbai and buy another to save…
Mumbai woman's LTCG claim survives — ITAT rules builder's delayed ledger entry can't override actual 2007 allotment date. ₹17L addition deleted.

Mumbai Woman Bought Flat in 2007, Builder Wrote It in 2011 — Tax Dept Pounced

Mumbai woman’s LTCG claim survives — ITAT rules builder’s delayed ledger entry can’t override actual 2007 allotment date. ₹17L addition deleted.
A Mumbai housewife received a shocking ₹55 lakh tax demand on a flat she never paid for. Her only fault? Her name was on the agreement. What happened next will relieve many Indian families...

Mumbai Wife Gets ₹55 Lakh Tax Shock on a Flat She Never Paid For

A Mumbai housewife received a shocking ₹55 lakh tax demand on a flat she never paid for. Her only fault? Her name was on the agreement. What happened next will relieve many Indian families…
Should capital gains on a flat be calculated from the allotment letter date or registration date? ITAT Mumbai says allotment letter date prevails, giving major relief to homebuyers in a key order.

Allotment Letter Date or Registration Date: ITAT Mumbai Clarifies Key Rule for Capital Gains Tax on Flats

Should capital gains on a flat be calculated from the allotment letter date or registration date? ITAT Mumbai says allotment letter date prevails, giving major relief to homebuyers in a key order.
ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.

Big Relief for Home Sellers: ITAT Mumbai Says ‘MOU Date’ Counts for Tax, Not Registration Date

ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.