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Parents helped fund your home purchase? ITAT ruling shows why bank trail is crucial to avoid tax scrutiny
The brief
- Mumbai ITAT deleted a ₹55.20 lakh tax addition after reviewing funding of a jointly owned house
- The ruling offers tax guidance to Indian homebuyers and housing-finance companies
- China unveils rate cut, mortgage subsidies to spur growth
- Foreign investors are back: India real estate draws record $9.5 bn in Q3
- Signatureglobal targets ₹6,000 crore GDV from Gurugram luxury villa project; launch in 9-12 months
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Signatureglobal plans 194-acre Gurugram project with ₹5,500-6,000 crore GDV