No Capital gain deduction u/s 54B for agricultural land purchased in the name of wife – High Court Exemption under…
No exemption u/s 54B for purchase of agricultural land belonging to Scheduled Caste which cannot be transferred unless converted to…
Non-cultivation of land due to vagaries of nature will not change the character of land from agriculture to non- agricultural…
Exemption u/s 54B available even if part of land is in cultivation, there is no requirement that entire land should…
Deduction 54B for agricultural land purchased prior to sale deed allowed. Date of actual transfer or even purchase of new…
Exemption u/s 54B-Use of land for agricultural purposes for full two years not necessary. Even if only Kharif crop was…
Deduction us 54B for land purchased in wife’s name disallowed by ITAT following the judgment of Punjab & Haryana High…
In a recent judgment, ITAT Delhi has held that land possession given and major sales consideration received through unregistered agreement to…
Capital Gain Exemption u/s 54B investment in wife name allowed but disallowed in bhabhi name ABCAUS Citation:910 (2016) (03) 2016…