Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]

Capital Gain - Owner - Property - Sale Consideration - PoA Holder - ITAT - taxscan

The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain in respect of consideration received from sale of property cannot be taxed from the owner of the property as the same is already taxed from the Power of Attorney holder. The assessee, Mrs. Bharti Narendra Oswal, through her Power…

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