capital gain exemption

  • Income Tax

Exemption u/s 54B denied for investment made in the name of wife

Exemption u/s 54B denied for investment in agricultural land made in the name of wife. ITAT followed decision of jurisdictional…

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 denied for investment not out of sale proceeds

Capital Gain exemption u/s 54 denied for investment not out of sale proceeds ABCAUS Case Law CitationABCAUS 3646 (2023) (01)…

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

CBDT extends date for purchase/investment/ construction for capital gain exemption

  CBDT extends date for investment/construction/purchase claiming for capital gain exemption u/s 54 to 54GB .    F. No. 225/49/2021-ITA-IIGovernment…

1 year 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

Capital gain to be computed first applying exemption then provisions for set off for capital loss

Capital gain to be computed first applying exemption and then provisions for set off of capital loss ABACUS Case Law…

4 years ago
  • Income Tax

Exemption u/s 54F allowed when two sales deed executed to avoid TDS as insisted by vendor

Exemption u/s 54F allowed as vendor insisted for execution of two  sale deeds to avoid TDS as agreement for purchase…

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

Mutual fund exempted from capital gain tax. CBDT notifies transactions not regarded transfer

Sale of Mutual fund exempted from capital gain tax. CBDT notifies more transactions not regarded transfer u/s 2(47)  MINISTRY OF…

4 years ago