Real Estate Mumbai
Selling Your Flat for a New One? Mumbai Tribunal Clarifies Tax Rules
The Mumbai Income Tax Appellate Tribunal has ruled that exchanging an old flat for a new one does not trigger a taxable event under income tax rules. This clarification could significantly benefit property owners looking to upgrade without incurring unexpected tax liabilities.
Real Estate Mumbai
Selling Your Flat for a New One? Discover the Tax Benefits Under Mumbai Tribunal's Ruling
The Mumbai Income Tax Tribunal has ruled that exchanging an old flat for a new property does not trigger a taxable event. This decision offers significant benefits for property owners looking to upgrade their homes without incurring additional tax liabilities.
real estate news
Selling Your Flat for a New One? New Flat Exempt from Income Tax, Mumbai Tribunal Rules
If you're planning to sell your old flat and buy a new one, you're in luck. The Mumbai Income Tax Tribunal has ruled that the new flat will not be taxable under income tax rules. This decision provides a significant relief for those looking to upgrade their homes.
Real Estate
Income Tax Department Raids Ansal API: Uncovering Real Estate Scams and Tax Evasion
The Income Tax Department conducted a series of searches at five key locations of Ansal API in Lucknow, aiming to uncover potential real estate scams and tax evasion. This operation highlights the department's commitment to ensuring transparency and accountability in the real estate sector.
real estate news
Navigating the Challenges of Buying Property from an NRI: TDS and Tax Considerations
Discover the key tax implications and TDS requirements when purchasing property from a Non-Resident Indian (NRI). Learn how to avoid common pitfalls and ensure a smooth transaction.
Real Estate
Swiggy Faces ₹53.47 Lakh Income Tax Notice for TDS Non-Compliance
Swiggy, one of India's leading food delivery platforms, has received a significant income tax notice from the Income Tax Department. The notice, amounting to ₹53.47 lakh, is related to issues with Tax Deducted at Source (TDS). This development could have