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ITAT Delhi Rules: Overseas Property Investment Eligible for Capital Gains Exemption, Rs 40 Lakh Cash Credit Deleted
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ITAT Delhi Rules: Overseas Property Investment Eligible for Capital Gains Exemption, Rs 40 Lakh Cash Credit Deleted

ITAT Delhi rules that capital gains exemption under Section 54 applies to foreign residential property purchased before AY 2015-16 and deletes ₹40 lakh unexplained cash credit. A …

ITAT Delhi Section 54 Income Tax Act NRI tax relief foreign property exemption capital gains exemption unexplained cash credit AY 2015-16 amendment tax tribunal ruling property investment abroad
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