Sold house, bought Rs 1.10 cr flat with wife; taxman rejects exemption for half amount
Only The Times of India reports this: no contrast yet
None of the other outlets we follow has reported this story, so there are no versions to compare. If others publish it or data appear that test it, it will move to the comparison.
A man sold his residential property and invested the proceeds in another flat in Mumbai. The replacement property was jointly registered in his and his wife's names, with the total investment of around Rs 1.10 crore. He claimed exemption on the capital gains under Section 54 of the Income Tax Act.
Capture record
- Source
- https://timesofindia.indiatimes.com/business/india-business/man-sold-his-house-and-bought-a-rs-1-10-crore-flat-jointly-with-wife-income-tax-department-denies-rs-55-48-lakh-capital-gains-exemption-for-half-the-amount-but-itat-mumbai-gives-full-relief/articleshow/135044532.cms
- Published
- 19/10/2026 10:38 UTC
- Captured
- 19/10/2026 11:22 UTC
- Text fingerprint
3b5a89d722b8fab7· 1271 words- Changes detected
- 0
- Archived copy
- Wayback Machine ↗