MUMBAI: It is not unusual for a spouse’s name to appear on a flat title. Many people may find value in a recent ruling made by the Income-tax Appellate Tribunal’s (ITAT) Mumbai branch. The Income-tax (I-T) Act’s section 54-F, which deals with long-term capital gains, states that a spouse who co-owns an asset and then […]

Tax benefits on investments in another home will still be available to joint owners of the current apartment: ITATmore