Tag: #Income-Tax Appellate Tribunal (ITAT)

Stamp duty difference and flat agreement price cannot be taxed: ITAT

June 28, 2023

MUMBAI: The Mumbai branch of the Income Tax Appellate Tribunal (ITAT) ruled in favor of a non-resident taxpayer who had bought an apartment in a posh area of the city, saying that she could not be taxed on the difference of Rs. 55.9 lacks between the agreement value of the apartment and the stamp duty […]

Stamp duty difference and flat agreement price cannot be taxed: ITATmore

In redevelopment circumstances, the builder’s rent is not taxable: ITAT-Mumbai

April 27, 2023

MUMBAI: The Mumbai branch of the Income-Tax Appellate Tribunal (ITAT) recently ruled that the former apartment owner is not subject to taxation on the rental income obtained from a builder as a result of a redevelopment project. Even though the taxpayer, the previous apartment owner, had moved in with his parents instead of renting another […]

In redevelopment circumstances, the builder’s rent is not taxable: ITAT-Mumbaimore

Tag: #Income-Tax Appellate Tribunal (ITAT)

Stamp duty difference and flat agreement price cannot be taxed: ITAT

In redevelopment circumstances, the builder’s rent is not taxable: ITAT-Mumbai

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