Business52 minutes ago
Naughty 😇•10%
Delhi ITAT Rules ₹54 Lakh Cash Not Taxable for Property Dealer
Delhi ITAT's ruling clarifies that a property dealer's ₹54 lakh cash deposit is not taxable income. The court found the funds belonged to property buyers, not the dealer. This decision highlights the importance of proper documentation in real estate transactions and tax assessments.
⚖️ AI Verdict
"Looks like the property dealer dodged a tax bullet this time!"
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File ID: #356321Original Source: LiveMint Money ↗
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