Selling a house to clear your home loan? What an ITAT ruling on a ₹26 lakh cash advance means for property sellers

2 hours ago 3

ITAT Chennai has deleted a ₹26 lakh penalty on a salaried taxpayer who accepted a ₹26 lakh cash advance while selling his house to repay an outstanding home loan. The tribunal cited reasonable cause, considering the genuine transaction and financial circumstances.

Read Entire Article

LEFT SIDEBAR AD

Selling a house to clear your home loan? What an ITAT ruling on a ₹26 lakh cash advance means for property sellers

Related

Flat possession delayed for nearly 10 years? Consumer court ...

PM Kisan 24th instalment money payment tomorrow: How to chec...

AI for personal finance: Can you trust artificial intelligen...

RIGHT SIDEBAR TOP AD

Trending

Popular

CBSE Class 10, 12 Supplementary Results 2024: Marks verifica...

NEET PG admit card 2024: NBEMS to release hall tickets today...

TSPSC Group 1 Mains exam schedule announced, exam timings re...

Amazon Great Freedom Festival Sale 2024 coming soon: Get rea...

iPhone 15, iPhone 15 Plus get massive discounts ahead of iPh...

RIGHT SIDEBAR BOTTOM AD