Builder Ordered To Pay Mumbai Couple Rs 1.85 Crore For Flat Delay; Here's How It Will Be Taxed

Builder Ordered To Pay Mumbai Couple Rs 1.85 Crore For Flat Delay; Here's How It Will Be Taxed

ITAT Mumbai ruled builder compensation for flat delay is not capital gains under Section 50C, benefiting homebuyers and clarifying tax treatment for such payments