For decades, property ownership has been one of India’s most enduring wealth-building tools. Unlike volatile markets or one-time gains, rental real estate provides ongoing passive income, capital appreciation, inflation protection, and the opportunity to build generational wealth. But “buy a property and earn rent” is a lot more nuanced in reality cash flow depends on location, tenant quality,...
Ever heard of someone selling property worth ₹6 crore and paying zero income tax? That’s not a loophole, but a real case that unfolded in Mumbai. A wife who sold two houses gifted by her husband walked away with no tax burden, thanks to a ruling by the Income Tax Appellate Tribunal (ITAT) Mumbai. Let’s break down this fascinating case in detail, understand what really happened, and see what...
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