Saturday, January 16, 2021

Capital gains relief rule on flat sales given retro effect

ITAT has held that the benefit of a higher tolerance band of 10% for the difference between the sale price of a flat and the stamp duty valuation will apply with retrospective effect. The ruling will help pending cases from these years when the acceptable variation rate was much lower or no such leeway was available.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3oSm8wA

No comments:

Post a Comment

Viral Video Shows 3,000 Engineers Queuing Up For Job Interview In Pune

In a viral video, over 3,000 engineers were seen queuing outside a Pune-based company for a recent walk-in drive targeting junior developer ...