The man had purchased a 510-square-foot flat in a housing society in Mumbai, during FY 2006-07, where he lived with his wife. Many years later, in FY 2012-13, the housing society entered into a redevelopment agreement with a builder.
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October 15, 2026 at 4:49 PM
Flat redeveloped and sold for Rs 1.95 crore in 8 days; taxman denies LTCG, ITAT grants relief
TOI Business
Excerpt from TOI Business.