Odisha Man Sold Properties for Rs 47.54 Lakh in Cash, Paid Capital Gains Tax,...
A man from Odisha sold two properties for a total of Rs 47.54 lakh, receiving the entire amount in cash. He disclosed these transactions in his income tax return and paid the applicable capital gains tax. Despite this, he faced a penalty. The Income Tax Appellate Tribunal (ITAT) reviewed the case and issued a ruling on the matter.
TOI Business··Odisha



