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MUMBAI: The Mumbai Bench of the Income Tax Appeal Tribunal (ITAT) recently ruled that the investment-related capital gains tax exemption, which is available during the purchase of a new home, cannot be denied simply because the taxpayer used a home loan instead of proceeds from the sale of his old home. Capital gains are taxable …

[ad_1] The personal bank loan: how it has changed There was a time when your bank would have been the obvious choice for any type of loan. And the personal bank loan was pretty much the only personal loan you would consider getting. Back in the day, your bank branch manager used his personal knowledge …