{"id":61531,"date":"2026-07-02T09:39:39","date_gmt":"2026-07-02T04:09:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vinod-nihalchand-jain-v-ito-2025-234-ttj-585-172-taxmann-com-581-mumtrib\/"},"modified":"2026-07-02T09:39:39","modified_gmt":"2026-07-02T04:09:39","slug":"vinod-nihalchand-jain-v-ito-2025-234-ttj-585-172-taxmann-com-581-mumtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vinod-nihalchand-jain-v-ito-2025-234-ttj-585-172-taxmann-com-581-mumtrib\/","title":{"rendered":"Vinod Nihalchand Jain v. ITO (2025) 234 TTJ 585\/ 172 taxmann.com 581 ((Mum)(Trib)"},"content":{"rendered":"<p>Assessee, along with his brother, sold a property, since the assessee&#8217;s brother had paid the entire purchase consideration for said property and was in actual possession and had 100 per cent rights over said property and declared the sale consideration in his return. Accordingly, the consideration received on the sale of said property could not be added to the hands of the assessee as LTCG. (AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45: Capital gains-Beneficial owner-Entire consideration was paid by brother-Declared entire consideration in his return of income-Assessee is not a beneficial owner of the said property-Addition was deleted. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-61531","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-g0r","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=61531"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61531\/revisions"}],"predecessor-version":[{"id":61532,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61531\/revisions\/61532"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=61531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=61531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=61531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}