No LTCG tax on Rs 1.32 crore house bought only at Rs 45 lakh: Homebuyer wins LTCG tax exemption case at Delhi ITAT after 7 years fight
When Mr Dwivedi sold his house in Lucknow to buy another one in Delhi back in 2013, he had no idea that his decision would lead to a series of nightmares that would haunt him for nearly 7 years. The first nightmare started when the original owner of the Delhi property passed away and his son contested the legal validity of the sale agreement that had been signed by his father and Dwivedi.