![ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078318-itat-itat-gives-taxpayer-second-chance-second-chance-to-taxpayer-taxscan.webp "ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]")
ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad has granted a taxpayer another opportunity to explain the source of funds for a ₹50 lakh property...
![Capital gain exemption u/s 54F shall be available if assessee purchased Property outside India prior to amendment in Finance Act, 2014: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Capital-gain-exemption-Capital-gain-assessee-purchased-Property-outside-India-purchased-Property-outside-India-amendment-in-Finance-Act-ITAT-taxscan.jpg "Capital gain exemption u/s 54F shall be available if assessee purchased Property outside India prior to amendment in Finance Act, 2014: ITAT [Read Order]")
![Wife, who Contributed to Acquisition of Family Assets by Performing Household Chores Entitled to Equal Share in Property Purchased by Husband: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Family-Assets-Household-Chores-Equal-Share-Property-Purchased-Madras-High-Court-Equal-Share-in-Property-Purchased-taxscan.jpg "Wife, who Contributed to Acquisition of Family Assets by Performing Household Chores Entitled to Equal Share in Property Purchased by Husband: Madras HC [Read Order]")
![ITAT disallows Exemption under Section 54B for Property Purchased in Name of Wife [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-disallows-Exemption-ITAT-Exemption-Property-Purchased-in-Name-of-Wife-Name-of-Wife-Property-Purchased-taxscan.jpg "ITAT disallows Exemption under Section 54B for Property Purchased in Name of Wife [Read Order]")
![Capital Gain Exemption u/s 54 Allowable Even If Sale was Completed After Purchase of New Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Capital-Gain-Exemption-Capital-Gain-Sale-Purchase-of-New-Property-ITAT-Income-Tax-taxscan.jpg "Capital Gain Exemption u/s 54 Allowable Even If Sale was Completed After Purchase of New Property: 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]")
HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Hindu Undivided Family (HUF) is eligible to claim capital gain exemption under section 54F of the Income Tax Act, 1961 for the...
![HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/HUF-Capital-Gain-Exemption-Property-purchased-ITAT-taxscan-.jpeg "HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]")
Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]
The Chennai Income Tax Appellate Tribunal (ITAT) presided by Mr. Mahavir Singh, Vice President and Mr. Manoj Kumar Aggarwal, Accountant Member has held that property purchased by coparceners of Hindu...
![Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Property-Purchased-HUF-Individual-Capacity-ITAT-Taxscan.jpg "Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]")
Attachment of Property purchased out of Proceeds of Crime, not violative of Right to Property: Madras HC [Read Judgment]
The High Court of Madras held that the attachment property purchased out of the proceeds of crime Section 3 of the Money Laundering Act is cannot be said to be manifestly arbitrary and it is not...
![Attachment of Property purchased out of Proceeds of Crime, not violative of Right to Property: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/07/SCN-Madras-High-Court-Taxscan.jpg "Attachment of Property purchased out of Proceeds of Crime, not violative of Right to Property: Madras HC [Read Judgment]")