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Parents helped fund your home purchase? ITAT ruling shows why bank trail is crucial to avoid tax scrutiny

Mint 1 hr ago·30 Sept 2026, 4:10 am

Mumbai ITAT deleted a ₹55.20 lakh addition after finding that a jointly owned house had been funded by the taxpayer, his father and wife th The ruling highlights why homebuyers should maintain a clear document trail when family members contribute to a property purchase.

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