Tag: Redevelopment Agreement

ITAT Clarifies Tax Treatment of Redevelopment Agreements

ITAT Clarifies Tax Treatment of Redevelopment Agreements

July 23, 2026

In a significant ruling for Mumbai’s redevelopment sector, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere execution and registration of a redevelopment agreement does not amount to the receipt of immovable property and, therefore, cannot trigger taxation under anti-abuse provisions of the Income Tax Act. The decision comes […]

ITAT Clarifies Tax Treatment of Redevelopment Agreementsmore