![Capital Gain Exemption available for Multiple Flats obtained under JDA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Joint-Development-Agreement-Capital-Gain-Exemption-Multiple-Flats-JDA-ITAT-Taxscan.jpg "Capital Gain Exemption available for Multiple Flats obtained under JDA: ITAT [Read Order]")
Capital Gain Exemption available for Multiple Flats obtained under JDA: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under section 54F of the Income Tax Act,...
![Capital Gain Exemption cant be granted merely on basis of facts mentioned in Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Capital-Gain-Exemption-Sale-Deed-ITAT-Taxscan.jpg "Capital Gain Exemption cant be granted merely on basis of facts mentioned in Sale Deed: ITAT [Read Order]")
![Independent Building with More than One Residential Units eligible for Capital Gain Exemption, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Independent-Building-ITAT-One-Residential-Units-Capital-Gain-Exemption-Taxscan.jpg "Independent Building with More than One Residential Units eligible for Capital Gain Exemption, rules ITAT [Read Order]")
![Purchase of Property in the name of Son eligible for Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Purchase-Building-Taxscan.jpg "Purchase of Property in the name of Son eligible for Capital Gain Exemption: ITAT [Read Order]")
![Husband Eligible for Capital Gain Exemption on Investment of Capital Gain in the name of Wife: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-6-5-1.jpg "Husband Eligible for Capital Gain Exemption on Investment of Capital Gain in the name of Wife: ITAT [Read Order]")
Capital Gain Exemption not allowable merely on basis of Agreement without Payment Evidence: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the exemption under Section 54F of the Income Tax Act, 1961 has held that the exemption is allowable merely...
![Capital Gain Exemption not allowable merely on basis of Agreement without Payment Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Development-Agreement-Capital-Gain-Taxscan.jpg "Capital Gain Exemption not allowable merely on basis of Agreement without Payment Evidence: ITAT [Read Order]")
Cost of Investment in Land is part of Cost of Construction of Residential House for availing Capital Gain Exemption: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the cost of investment in land is also part of the cost of construction of the residential house, for purpose of availing...
Non-filing of Income Tax Return can’t be a ground to deny Capital Gain Exemption: ITAT [Read Order]
The benefit of the capital gain exemption cannot be denied to a taxpayer on the ground that the income tax return is not filed declaring such income, said the Income Tax Appellate Tribunal (ITAT),...
![Non-filing of Income Tax Return can’t be a ground to deny Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Non-filing of Income Tax Return can’t be a ground to deny Capital Gain Exemption: ITAT [Read Order]")
Transfer of Residential Property need not include Transfer of Land in order to claim Capital Gain Exemption u/s 54: Bombay HC [Read Judgment]
The Bombay High Court has held that in order to avail the benefit of capital gain exemption under Section 54 of the Income Tax Act transfer of land is not necessary along with the transfer of...
Capital Gain Exemption can’t be disallowed If Assessee invoked Wrong Provision due to Ignorance of Law: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under Section 54 of the Income Tax Act, 1961 cannot be disallowed in a case where the assessee,...