Income Tax | Redevelopment Capital Gains Cannot Be Taxed in Society’s Hands: ITAT Mumbai
ITAT Mumbai deletes ₹18.40 crore capital gains addition on redevelopment, holding taxability, if any, arises in members’ hands, not the society. The post Redevelopment Capital Gains Cannot Be Taxed in Society’s Hands: ITAT Mumbai appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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