ITAT Verdict: Capital Gains Exemption Under Sec 54 Allowed On Property Gifted By Spouse

The ITAT Mumbai ruled Kavita Manoj Damani can claim capital gain tax exemption under Section 54 of the Income Tax Act, 1961, after purchasing a new flat from her husband.

Jul 21, 2025 - 06:30
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ITAT Verdict: Capital Gains Exemption Under Sec 54 Allowed On Property Gifted By Spouse
The ITAT Mumbai ruled Kavita Manoj Damani can claim capital gain tax exemption under Section 54 of the Income Tax Act, 1961, after purchasing a new flat from her husband.

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