In a significant judgment dated March 24, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favour of a taxpayer, redefining how long-term capital gains (LTCG) are calculated on real estate transactions. The Tribunal held that the date of … Continue reading ITAT Mumbai’s Landmark Ruling on LTCG: Why Allotment Date Now Matters More Than Registration Date in Property Sales