deduction u/s 54F

  • Income Tax

Capital gain exemption u/s 54F denied as new house was in the name of husband

Capital gain exemption u/s 54F denied as new house was in the name of husband In a recent judgment, ITAT…

4 weeks ago
  • Income Tax

Compensation received for vacating flat possession not taxable being a capital receipt

Compensation received for vacating flat possession not taxable it is neither chargeable under the head ‘capital gains’ nor as income…

1 month ago
  • Income Tax

Deduction u/s 54F allowable despite postdated cheque not cleared before ITR filing due date- ITAT

Deduction u/s 54F allowable despite postdated cheque not cleared or details thereof not mentioned in agreement - ITAT In a…

4 months ago
  • Income Tax

Exemption u/s 54F-Bar of holding more than one residential house applies to whole day of transfer

Exemption u/s 54F – Bar of holding more than one residential property applies on start of day or at the…

5 months ago
  • Income Tax

ITAT allows profits from sale of plots converted into stock in trade as capital gain

ITAT allows profits from sale of plots earlier converted into stock in trade as capital gain with indexation benefit ABCAUS…

8 months ago
  • Income Tax

Capital Gain Exemption u/s 54 wrongly claimed under section 54F allowed

Capital Gain Exemption u/s 54 wrongly claimed under section 54F allowed being bonafide typographical mistake ABCAUS Case Law Citation:ABCAUS 3739…

12 months ago
  • Income Tax

Payment made by family member for purchase of new property no bar for exemption u/s 54F – ITAT

Payment made by family member for purchase of new property not a bar to assessee in claiming exemption u/s 54F.…

1 year ago
  • Income Tax

Capital Gain Exemption u/s 54 & 54F limited to Rs. 10 crores

Capital Gain Exemption u/s 54 and 54F for investment in residential house limited to Rs. 10 crores Section 54 and…

1 year ago
  • Income Tax

Capital Gain exemption u/s 54F denied for want of proof of delay by builder

Capital Gain exemption u/s 54F denied for want of proof of delay in construction by the builder as per time…

1 year ago
  • Income Tax

Deduction u/s 54 – Assessee cannot be blamed for the delay in housing projects by builder

Deduction u/s 54. Assessee cannot be blamed for the delay in housing projects by the builder as sections 54 and…

2 years ago