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Couple buys Rs 60L flat, husband taxed on Rs 34.81L stamp-duty gap; ITAT objects

Times of India ·
Couple buys Rs 60L flat, husband taxed on Rs 34.81L stamp-duty gap; ITAT objects

Can the entire difference between a property’s actual purchase price and its stamp-duty value be added to the income of just one of its co-owners? A recent ruling by ITAT Mumbai has addressed this question in a case involving a husband and wife who jointly purchased a property.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on timesofindia.indiatimes.com — the content belongs to Times of India.

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