Taxman rejects capital gains exemption for half of Rs 1.10 cr flat bought with wife

A man reportedly sold his house and reinvested in a Rs 1.10 crore flat in Mumbai, registered jointly with his wife. The tax department reportedly rejected the exemption for half the amount.

Timeline

1. 19 Oct, 10:38 UTCTimes of India reports tax exemption rejection

Top sources

• Sold house, bought Rs 1.10 cr flat with wife; taxman rejects exemption for half amountTimes of India