GOOD
BUSINESS
GUJARAT
Didn't have to pay a single rupee of income tax despite building a luxurious bungalow earning 27 crores, know the historic decision of ITAT

A woman made a huge profit of Rs 27 crore by selling shares and bought a new bungalow with that amount. The Income Tax Department had issued a notice refusing tax exemption worth crores of rupees.
Pulse Bharat · Why it matters
Read the original at TV9 ગુજરાતી ↗
The Income Tax Appellate Tribunal's decision sets a precedent for tax exemptions on capital gains, potentially benefiting individuals who earn significant profits from share sales and investments.