Mumbai ITAT ne clear kar diya hai ki redeveloped flats par Capital Gains calculate karte waqt original purchase date hi maani jayegi. Ab tax authorities ise naya asset nahi bol payengi, jisse aapko Long-Term Capital Gains (LTCG) ka fayda milega.
Mumbai ke Income Tax Appellate Tribunal (ITAT) ne ghar ke maalikone ke liye ek bahut bada relief diya hai. Tribunal ne saaf-saaf kaha hai ki jab kisi society ka redevelopment hota hai, toh nayi flat ki holding period tab se count nahi hogi jab aapko possession mili, balki us date se count hogi jab aapne apni original property khareedi thi. Ye rule Capital Gains Tax nikalne ke liye game-changer hai.
Kya tha poora mamla?
Ek taxpayer ne 2006 mein flat khareeda tha. Society ka redevelopment hua aur 2018 mein unhe naya unit mila, jise unhone jaldi hi bech diya. Income Tax department ne kaha ki naya flat naya asset hai, isliye is par Short-Term Capital Gains tax lagega jo aapke income slab ke hisaab se kaafi zyada hota hai.
ITAT ne kya bola?
Tribunal ne tax department ki baat ko reject kar diya! Unhone kaha ki redevelopment process mein ownership rights khatam nahi hote. Naya flat purane flat ka hi ek substitution hai, koi naya asset nahi. Iska matlab hai ki aapka holding period 2006 se hi continue ho raha hai.
Isse aapko kya fayda?
India mein agar property 24 months se zyada hold ki jaye, toh wo Long-Term asset ban jati hai jis par tax rates kaafi kam hote hain. Ab tax officers aapko short-term ka tag nahi laga payenge. Agar aap Mumbai ya kisi bhi aise city mein rehte hain jahan redevelopment chal raha hai, toh apne paas purane papers, agreement aur allotment letter sambhaal kar rakhein. Ye ITAT ka order aapke liye ek solid legal shield ki tarah kaam karega.