![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]")
Capital Gain Exemption can't be granted merely on basis of facts mentioned in Sale Deed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the capital gain exemption under section 54F of the Income Tax Act, 1961 cannot...
![Sec. 50C cant be applied in the Year of Registration of Sale Deed without Actual Transfer as the same was merely a Formality: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Registration-of-Sale-Deed-Actual-Transfer-ITAT-Taxscan.jpg "Sec. 50C cant be applied in the Year of Registration of Sale Deed without Actual Transfer as the same was merely a Formality: ITAT [Read Order]")
![LTCG to be computed on the basis of Guidance Value of Property as on date of Sale Agreement, not on date of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/LTCG-guidance-value-of-property-Sale-Agreement-Sale-Deed-ITAT-Taxscan.jpeg "LTCG to be computed on the basis of Guidance Value of Property as on date of Sale Agreement, not on date of Sale Deed: ITAT [Read Order]")
![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]")
Stock-in-Trade can be considered as Transferred only in year in which Assessee had ‘executed the Sale Deed Transferring the Stock-in-Trade’: ITAT [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) in the case of Shri Challa Ramakrishna Anantapur v. ACIT held that under Section 45(2) stock-in-trade can be considered as transferred only...
![Stock-in-Trade can be considered as Transferred only in year in which Assessee had ‘executed the Sale Deed Transferring the Stock-in-Trade’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Stock-in-Trade.jpg "Stock-in-Trade can be considered as Transferred only in year in which Assessee had ‘executed the Sale Deed Transferring the Stock-in-Trade’: ITAT [Read Order]")
No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), while upholding an income tax addition, observed that there is no legal bar on GPA Holder to execute sale deed when he is authorized to do...
![No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Sale-Deed-Taxscan.jpg "No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]")
No Tax Exemption if Agricultural Land was declared as Industrial Plot during Registration of Sale Deed: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi bench has held that income tax is payable on the sale of agricultural land if the same was declared as the industrial plot by the competent...
![No Tax Exemption if Agricultural Land was declared as Industrial Plot during Registration of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Tax-Exemption-Agricultural-Land-Taxscan.jpg "No Tax Exemption if Agricultural Land was declared as Industrial Plot during Registration of Sale Deed: ITAT [Read Order]")
No Capital Gain If Sale was to Protect Vendees’ Properties and to settle Legal Disputes: ITAT [Read Order]
In Padmini Chand & Anr. vs. Asstt. Commissioner of Income Tax, the Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that capital gain will not arise when sale deeds have been executed...
![No Capital Gain If Sale was to Protect Vendees’ Properties and to settle Legal Disputes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Development-Agreement-Capital-Gain-Taxscan.jpg "No Capital Gain If Sale was to Protect Vendees’ Properties and to settle Legal Disputes: ITAT [Read Order]")
Sale Price approved by Charity Commissioner had to be followed in case of Trust’s Sale Deed: ITAT [Read Order]
In the case, Deputy Commissioner of Income Tax vs Saifee Jubiee High School & Madressa Yusufiyan Society, Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) recently ruled that sale price...
![Sale Price approved by Charity Commissioner had to be followed in case of Trust’s Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Sale-Price-Taxscan.jpg "Sale Price approved by Charity Commissioner had to be followed in case of Trust’s Sale Deed: ITAT [Read Order]")
Settlement amount of dispute after more than 2 yrs of Sale deed cannot be allowed as Expenditure Incurred: ITAT Ahmedabad [Read Order]
The Ahmedabad bench of the Income Tax Tribunal in recent ruling held that, under the provisions of the Income Tax Act, 1961,the amount paid by the assessee as settlement of dispute in connection with...
