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A cancelled property deal, Rs 40 lakh in cash deposits, and a developer who went silent — how an Ambernath woman finally won her tax battle at ITAT Mumbai.

Property Deal Gone Wrong: Rs 40 Lakh Cash Deposit Lands Ambernath Woman in Tax Trouble

A cancelled property deal, Rs 40 lakh in cash deposits, and a developer who went silent — how an Ambernath woman finally won her tax battle at ITAT Mumbai.
Bollywood star Preity Zinta has sold her 11th-floor apartment in Bandra for ₹18.50 crore. The luxury residence was part of a redevelopment deal for her original 1999 property in the 'Parishram' building.

Preity Zinta Wins Big: ₹10.84 Crore Tax Addition Deleted in Quantum Park Flat Sale Controversy

In a landmark ruling, the Income Tax Appellate Tribunal has fully exonerated Preity Zinta in a ₹13-crore “circular transaction” case linked to the 2016 sale of her Quantum Park flat, ruling that the funds were part of genuine loan restructuring and not unaccounted income. The actress gets complete relief after a decade-long fight with the tax department.