Browsing Tag

Capital Gains Tax

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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.
Nirmala Sitharaman to present the union budget

NAREDCO Submits Budget Recommendations to Boost Real Estate Sector

NAREDCO, has submitted detailed recommendations for the FY 2025-26 Union Budget. The proposals focus on increasing funding for affordable housing, granting infrastructure status to the housing sector, improving urban infrastructure, and expanding rental housing. NAREDCO also suggests tax reforms and incentives to boost demand and support sustainable growth in the real estate industry.
BMC

New LTCG Tax Options Boost Real Estate Market

By Anuj Puri, Chairman – ANAROCK Group The government’s revised budget announcement…