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Mumbai ITAT order

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Builder’s partners admitted receiving cash on-money. Homebuyer denied it and sought cross-examination. ITAT deletes entire ₹25 lakh addition.

ITAT Mumbai: Brokerage Paid After Property Sale is Fully Allowable for Capital Gains Deduction

Mumbai ITAT rules that brokerage paid after completion of property sale cannot be denied while computing capital gains. Full relief granted to assessee.