ITAT Bengaluru: Meals, Transport & Courier Costs Not Deductible In-House Property Transfer for NRIs
ITAT Bengaluru rules meals, transport & courier expenses are not deductible under Section 48 while computing capital gains on NRI property sales.
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ITAT Bengaluru rules meals, transport & courier expenses are not deductible under Section 48 while computing capital gains on NRI property sales.
ITAT Mumbai rules that cash received from property sale cannot be treated as unexplained income under Section 68 if supported by a registered sale deed and bank records. Landmark …
Can home loan interest reduce capital gains tax under the new tax regime? Learn when interest can be added to property cost, key court views, Section 115BAC rules, and smart filin…
The Supreme Court has ordered a refund to a buyer after the seller concealed a Federal Bank mortgage on the property. In Moideenkutty vs Abraham George (2025), the Court ruled tha…
ITAT Pune held that the AO wrongly compared stamp duty and ready reckoner values, causing an unjustified ₹75.33 lakh addition. The tribunal restored the Section 54F exemption and …