A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.
Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand
livemint.com - 9 Jul 2026 15:52
A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.
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