Thursday, March 21, 2024

LTCG tax saving from sale of property: Builder’s error in allotting flat will not impact tax benefit claim, says ITAT

The tax tribunal ruled that this assertion cannot be refuted due to an error made by the builder in assigning the apartment. The builder mistakenly allocated the apartment purchased by the claimant to another buyer.

from Tax-Wealth-Economic Times https://ift.tt/CxGb0nj

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