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Husband bought property for Rs 60 lakh jointly with wife; Income tax dept sent her notice for unexplained investments; she wins case in ITAT Delhi

NCR to buy another property on April 30, 2010 for Rs 60 lakh, he followed the due process of law and declared this income in ...

He sold family ancestral land for Rs 1 crore and showed Rs 2.45 lakh as income in ITR; won case in ITAT Chennai due to this reason

On October 14, 2013, Mr. Natesan sold 25% (121 cents or 0.31 acre out of 1.21 acres) of his family’s ancestral agricultural ...