Read more at:https://economictimes.indiatimes.com/wealth/tax/man-earns-rs-75-lakh-by-redeveloping-property-inherited-from-mother-pays-no-income-tax-receives-notice-wins-case-in-itat-delhi/articleshow/134933428.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/man-earns-rs-75-lakh-by-redeveloping-property-inherited-from-mother-pays-no-income-tax-receives-notice-wins-case-in-itat-delhi/articleshow/134933428.cms Mr Jain from Vasant Vihar, Delhi, had inherited his late mother’s 400 square yards of leasehold land in 1997. Being her
Month: October 2026
*****Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT Mumbai
Read more at:https://economictimes.indiatimes.com/wealth/tax/homeowner-sold-redeveloped-flat-for-rs-1-95-crore-paid-no-income-tax-received-a-tax-notice-wins-relief-in-itat-mumbai/articleshow/134962377.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Furia and his wife lived in a 510 square feet flat in a housing society in Chunabhatti, Sion, Mumbai, which he
NRI Earned Salary in South Korea, Money Credited to Indian NRE Account: ITAT Says No Tax Addition Merely for Missing TRC, Foreign Return https://www.taxscan.in/income-tax/nri-earned-salary-in-south-korea-money-credited-to-indian-nre-account-itat-says-no-tax-addition-merely-for-missing-trc-foreign-return-read-order
Foreign salary of a non-resident cannot be treated as taxable in India merely because foreign tax returns, TRC or proof of tax payment abroad were
Property Bought in Wife’s Name, Funds Came From Husband: ITAT deletes Rs. 17 Lakh Unexplained Investment Addition https://www.taxscan.in/income-tax/property-bought-in-wifes-name-funds-came-from-husband-itat-deletes-rs-17-lakh-unexplained-investment-addition-read-order
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) deleted Rs. 17 lakh unexplained investment addition arising from a property purchase in the wife’s
Sale deed not registered after buying a flat? What happens to your ownership rights?
https://www.financialexpress.com/money/sale-deed-not-registered-after-buying-a-flat-what-happens-to-your-ownership-rights-4360430 Without a registered document, the buyer’s title to the property is incomplete. Buying a flat or apartment can be one of your biggest personal