Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how

A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.