{
  "id": 14745107,
  "title": "Flat redeveloped, man sells in 8 days for Rs 1.95 cr; gets notice, ITAT gives relief",
  "url": "https://urgent.news/2026/10/15/flat-redeveloped-man-sells-in-8-days-for-rs-1-95-cr-gets-notice-itat",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-15T16:49:28.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/he-bought-a-home-gave-it-for-redevelopment-years-later-and-sold-new-flat-for-rs-1-95-crore-within-8-days-taxman-denied-ltcg-exemption-and-added-rs-80-14-lakh-but-itat-grants-relief/articleshow/134969634.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The man had purchased a 510-square-foot flat in a housing society in Mumbai, during FY 2006-07, where he lived with his wife. Many years later, in FY 2012-13, the housing society entered into a redevelopment agreement with a builder. The builder handed over the redeveloped flat to the man after the two parties entered into an Agreement for Permanent Alternate Accommodation in 2018.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}