exemption u/s 54

  • 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

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
  • Income Tax

Exemption u/s 54F allowed though Sale proceeds deposited in Nationalised Bank not in capital gain deposit scheme

Exemption u/s 54F allowed though Capital Gain sale proceed deposited in Nationalised Bank instead of capital gain deposit scheme account…

3 years ago
  • Income Tax

Renovation of residential house is allowable exemption u/s 54F

Renovation of residential house allowable exemption u/s 54F as it amounts to construction of a residential house. ABCAUS Case Law…

4 years ago
  • Income Tax

Exemption u/s 54/54F for house purchased in wife name. Jurisdictional High Court to be followed

Exemption u/s 54/54F for house purchased in wife name, Deduction allowed for change in jurisdictional High Court with favourable judgment…

4 years ago
  • Income Tax

Exemption 54F before its amendment can be given to residential house purchased outside India

Benefit of exemption u/s 54F before its amendment can be extended to a residential house purchased outside India. ITAT allowed…

4 years ago