![Capital Gain Exemption u/s 54 Allowable to More than One Residential Houses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Capital-Gain-Exemption-Residential-Houses-ITAT-taxscan.jpg "Capital Gain Exemption u/s 54 Allowable to More than One Residential Houses: ITAT [Read Order]")
Capital Gain Exemption u/s 54 Allowable to More than One Residential Houses: ITAT [Read Order]
Capital gain exemption u/s 54 of the Income Tax Act,1961 is allowable to more than one Residential house, the Chennai Bench of the Income Tax...
![Capital Gain Exemption u/s 54 B is not permissible on Investment made in Name of Grandson: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gian-Exemption-Investment-Grandson-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 B is not permissible on Investment made in Name of Grandson: ITAT [Read Order]")
![Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-exemption-registration-property-ITAT-TAXSCAN.jpg "Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]")
![Statutory Benefit of Capital Gain Exemption cannot be denied for Mere Inclusion of Wife’s Name on Purchase of New Property: Delhi HC quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gain-Exemption-Delhi-HC-Re-Assessment-taxscan.jpeg "Statutory Benefit of Capital Gain Exemption cannot be denied for Mere Inclusion of Wife’s Name on Purchase of New Property: Delhi HC quashes Re-Assessment [Read Order]")
Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) comprising N K Billaiya (Accountant Member) and Astha Chandra (Judicial Member), upholding an order of the CIT(A), held in favor of the...
![Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-Exemption-Residential-House-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]")
Capital Gain Exemption u/s 54F allowable If Property in Question Found to be Commercial Nature: ITAT [Read Order]
The Income Tax Appellate Tribunal ‘B’ Bench, Chennai, has while allowing an appeal filed by the Revenue, held that capital gain exemption u/s 54F is allowable only if the property in question is...
![Capital Gain Exemption u/s 54F allowable If Property in Question Found to be Commercial Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gain-Exemption-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54F allowable If Property in Question Found to be Commercial Nature: ITAT [Read Order]")
![Capital Gain Exemption not allowable to House purchased in Wife’s Name: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-Gain-Exemption-House-purchased-ITAT-taxscan.jpg "Capital Gain Exemption not allowable to House purchased in Wife’s Name: ITAT [Read Order]")
Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that capital gain exemption u/s 54F cannot be denied on grounds of joint ownership in two residential flats. The assessee, Manoj Tekriwal, is...
![Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-gain-exception-joint-ownership-residential-flats-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]")
Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the capital gain exemption under section 54 of the Income Tax Act, 1961 cannot be denied on the sole ground that the amount...
![Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-Gain-Exemption-CG-Account-Purchase-NOC-ITAT-taxscan.jpeg "Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]")
Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench has upheld the denial of capital gain exemption under section 54 by holding that an unregistered document has no evidentiary value. The...
![Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Capital-Gain-Exemption-taxscan.jpeg "Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]")
Capital Gain Exemption u/s 54 Not Available to Repayment of Loan Acquired for Second Property in Different Location: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), while considering an appeal regarding claim of capital gain exemption under section 54 of the Income Tax Act, 1961 wherein the assessee...
![Capital Gain Exemption u/s 54 Not Available to Repayment of Loan Acquired for Second Property in Different Location: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-Gain-Exemption-Repayment-of-Loan-Second-Property-Different-Location-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 Not Available to Repayment of Loan Acquired for Second Property in Different Location: ITAT [Read Order]")