| Court: | ITAT Mumbai |
| Head Notes: | Capital gains, if any, arising out of the redevelopment transaction arising can be taxed in the hands of the individual members and not the cooperative housing society, even if the development agreement is entered into by the society. The development agreement is entered into by the society only in a representative capacity on behalf of the members. |
| Law: | Income-Tax Act |
| Section(s): | Section 45 |
| Counsel(s): | Rahul Sarda, Advocate; Himanshu Joshi, Sr. DR. |
| Dowload Pdf File | Click here to download the file in pdf format |
| Uploaded By | ITAT Online Manager |
| Date of upload: | September 3, 2026 |
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