![Capital Gains for Home Buyers: Section 54F vs. Section 86 Explained [Old vs New Tax Act Series- Article 1]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112708-capital-gains-home-buyers-section-54f-vs-section-86-explained-old-vs-new-tax-act-series-article-1.webp "Capital Gains for Home Buyers: Section 54F vs. Section 86 Explained [Old vs New Tax Act Series- Article 1]")
Capital Gains for Home Buyers: Section 54F vs. Section 86 Explained [Old vs New Tax Act Series- Article 1]
The Income Tax Act 2025 has redefined Section 54F as Section 86. However, this is not a mere change in name. The two sections do provide the same...
![Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086042-purchase-agricultural-property-sale-agricultural-property-agricultural-property-sale-deductible-itat-income-tax-taxscan.webp "Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]")
![Sale of Agricultural Land Does Not Attract Capital Gain Tax u/s 45 until Official Conversion of Land, Regardless of Purchasers Intended Use: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Capital-Gain-Tax-Income-Tax-Act-Sale-of-Agricultural-Land-TAXSCAN.jpg "Sale of Agricultural Land Does Not Attract Capital Gain Tax u/s 45 until Official Conversion of Land, Regardless of Purchasers Intended Use: ITAT [Read Order]")
![PoA Holder is Not Owner’ of the Property, No Capital Gain Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/PoA-Holder-Owner-Property-Capital-Gain-Tax-ITAT-Taxscan.jpg "PoA Holder is Not Owner’ of the Property, No Capital Gain Tax: ITAT [Read Order]")
TDS Default on Payment for Property Purchase: ITAT deletes Order since NRI Seller Already Offered Capital Gain for Tax [Read Order]
The Vishakhapatnam bench of the Income Tax Appellate Tribunal (ITAT), has quashed an order for non-deduction of TDS while making payment towards the purchase of a property, under section 201(3) of...
![TDS Default on Payment for Property Purchase: ITAT deletes Order since NRI Seller Already Offered Capital Gain for Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/TDS-Payment-Property-Purchase-ITAT-NRI-Seller-Capital-Gain-Tax-taxscan.jpeg "TDS Default on Payment for Property Purchase: ITAT deletes Order since NRI Seller Already Offered Capital Gain for Tax [Read Order]")
Re-Assessment not sustainable on ground of Failure in issuing Notice and Reporting Reason: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) ruled that failure in issuing a notice and reporting reason for reopening a case will invalidate the proceeding under section 148 of the...
![Re-Assessment not sustainable on ground of Failure in issuing Notice and Reporting Reason: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/notice-ITAT-taxscan.jpeg "Re-Assessment not sustainable on ground of Failure in issuing Notice and Reporting Reason: ITAT [Read Order]")
ITAT directs to adopt Actual Sale Consideration instead of Stamp Duty Value for calculating Capital Gain Tax [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Jaipur Bench has been directed to adopt actual sale consideration instead of stamp duty value for calculating Capital gain tax. The appellant, Shri...
![ITAT directs to adopt Actual Sale Consideration instead of Stamp Duty Value for calculating Capital Gain Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Actual-Sale-Consideration-Stamp-Duty-Value-Capital-Gain-Tax-taxscan.jpg "ITAT directs to adopt Actual Sale Consideration instead of Stamp Duty Value for calculating Capital Gain Tax [Read Order]")
No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]
The Karnataka High Court held that the land held as stock, transferred upon HUF-partition, doesn’t tantamount to conversion into “capital asset” for the purpose of imposing a capital gain tax under...
![No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2020/07/capital-gain-tax-HUF-partition-Land-Taxscan.jpg "No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]")
![Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Capital-Gain-Tax-ITAT-sale-deed-Taxscan.jpg "Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]")
![NDTV liable to pay Capital Gain Tax on Sale of Shares: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/NDTV-ITAT.jpg "NDTV liable to pay Capital Gain Tax on Sale of Shares: ITAT [Read Order]")