Long Term Capital Gains not re-invested are Taxable : High Court
The Mumbai High Court recently held that Long Term Capital Gains arising from House/Flat sale are taxable if the entire amount is not invested in another real…
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ITAT
Joint owner not liable to pay Tax if no amount paid from his/her account…
The Mumbai Income Tax Appellate Tribunal has ruled that Joint owners of properties by mere name cannot be held liable for Tax liabilities if the purchase of the…