PoA Holder is Not ‘Owner’ of the Property, No Capital Gain Tax: ITAT [Read Order]

PoA Holder - Owner - Property - Capital Gain Tax - ITAT - Taxscan

The Income Tax Appellate Tribunal (ITAT) Delhi bench (“SMC” New Delhi) held that PoA Holder is not ‘owner’ of the property and not considered as Capital Gain Tax. Sidharth Chaudhary, the appellant has filed an appeal against the order of the assessing authority who computed capital gain purely on the basis of conjectures. The Assessing…

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