Redevelopment gains can’t be taxed in hands of CHS, rules Mumbai ITAT | Mumbai News
The Mumbai ITAT has annulled a contentious Rs 18.4 crore tax addition for a housing society, stating the society served merely as a representative for its flat owners MUMBAI: The Mumbai Income-tax Appellate Tribunal (ITAT), in the case of a Cumballa Hill based co-operative housing society (CHS), has deleted a Rs 18.4 crore addition made…
