Capital Gain Exemption cannot be denied When Investment made within due date of filing ITR: ITAT [Read Order]

Capital gain exemption - investment - due date of filing ITR - ITAT - Taxscan

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), ruled that Capital gain exemption cannot be denied when investment made within due date of filing Income Tax Returns (ITR). The assessee, Munish Babaji Sawant sold a residential flat, however, the capital gain arising from the sale of the said flat was not reflected in…

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