deduction u/s 54F

  • Income Tax

Denial of Section 54F exemption for quoting wrong section without examining merits-ITAT remands case to AO

Denial of Section 54F exemption for quoting wrong section without examining merits of deduction claimed-ITAT remands the case to Assessing…

6 years ago
  • Income Tax

Section 54F deduction for construction of additional floor in existing building allowed by ITAT

Section 54F deduction for construction of additional floor in existing building allowed by ITAT as it was an independent dwelling…

6 years ago
  • Income Tax

AO obliged to give eligible deductions when making additions for income not disclosed in return-ITAT

AO obliged to give eligible deductions when making additions for income not disclosed in return of income-ITAT allowed 54F deduction for…

6 years ago
  • Income Tax

Deduction 54F-House used for commercial activity not counted for limit of one residential house-ITAT

Deduction 54F-House used for commercial activity not counted for limit of one residential house on the date of transfer of…

6 years ago
  • Income Tax

Trust is entitled to deduction u/s 54F by fiction of section 161 despite that AOP is not individual or HUF – ITAT

Trust is entitled to deduction u/s 54F by fiction of section 161. Deduction can not be denied on the ground…

7 years ago
  • Income Tax

Sale deed between wife-husband held as colourful device to avoid tax liabilities-ITAT

Sale deed between wife-husband held as colourful device to avoid tax liabilities. Exemption u/s 54F denied on the basis of…

7 years ago
  • Income Tax

Capital gain deduction us 54 54F for belated returns u/s 139(4) allowable-ITAT

Capital gain deduction us 54 54F allowable for belated returns u/s 139(4). Value of stamp duty authorities us 50C(3) to…

7 years ago