A senior citizen in Navi Mumbai faced a ₹2.20 crore tax addition after the Income Tax Department treated two documents for the same flat as separate purchases. The ITAT granted relief, highlighting why joint ownership alone does not establish who funded a property and why payment records matter.
A senior citizen in Navi Mumbai faced a ₹2.20 crore tax addition after the Income Tax Department treated two documents for the same flat as separate purchases. The ITAT granted relief, highlighting why joint ownership alone does not establish who funded a property and why payment records matter. by Soban News (international And National News)