ITAT Mumbai Remands Stamp Duty Addition for Fresh Hearing on Natural Justice Grounds
ITAT Mumbai has remanded a ₹14.44 lakh stamp duty addition for fresh adjudication after ruling that the assessee was denied proper opportunity and hearing in a hastily completed reassessment.
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.