Tax & ComplianceLiveMint — Money
Redeveloped inherited property? ITAT Delhi says multiple floors can qualify for capital gains tax exemption
15 Oct 2026 · 2d agoSource: LiveMint — Money
The tribunal held that a taxpayer could claim Section 54 exemption for the basement, ground floor and third floor received after redevelopment, while also directing a revised calculation of capital gains using a registered valuer’s report.
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