Income Tax: Income tax exemption will be available on repairing the house, the court has given a big decision
New Delhi: Recently, the Income Tax Appellate Tribunal (ITAT) has given its verdict on the case of Capital Gain Tax. In this judgment, the tribunal has empowered an NRI taxpayer to claim tax exemption for the money spent on repairs of the house. The court said in the order that the expenditure incurred for the […]