Key Takeaways
- You Can’t Hide Capital Gains Behind “No Payment” Claims If the sale is registered, tax follows.
- The ITAT makes it clear, non-disclosure won’t survive just because money wasn’t received.
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Frequently asked questions
Reopening Valid on Undisclosed STCG from Land Sale: ITAT Mumbai+
You Can’t Hide Capital Gains Behind “No Payment” Claims If the sale is registered, tax follows. The ITAT makes it clear, non-disclosure won’t survive just because money wasn’t received.
