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![Capital Gain Exemption allowable only to the Extend of Cultivated Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Capital-Gain-Exemption-Capital-Gain-Cultivated-Land-ITAT-Income-Tax-taxscan.jpg "Capital Gain Exemption allowable only to the Extend of Cultivated Land: ITAT [Read Order]")
Capital Gain Exemption allowable only to the Extend of Cultivated Land: ITAT [Read Order]
In this case of appeal, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), presided over by Judicial Member S.S. Viswanethra Ravi and the...
![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]")
![Sec 54B Exemption not Available If Assessee purchased New Land in the name of Sons out of Sale Proceeds: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/S.-54B-Exemption-Assessee-purchased-New-Land-Sons-out-Sale-Proceeds-ITAT-taxscan-1.jpeg "Sec 54B Exemption not Available If Assessee purchased New Land in the name of Sons out of Sale Proceeds: ITAT [Read Order]")
![Purchase made out of Advance of Agricultural Property Sale Deductible u/s 54B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Purchase-Agricultural-Property-Sale-Agricultural-Property-Agricultural-Property-Sale-Deductible-ITAT-Income-Tax-taxscan.jpg "Purchase made out of Advance of Agricultural Property Sale Deductible u/s 54B: ITAT [Read Order]")
Land Re-purchased need not be 'Agricultural' on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, while allowing a claim of deduction under section 54B of the Income Tax Act, 1961, has held that the provision does not mandate lands...
![Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Land-Re-purchased-Agricultural-Re-Investment-ITAT-taxscan.jpg "Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]")
Deduction can’t be denied on ground that Entire Agricultural Land not used for Cultivation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune has held that the provisions of Section 54B of the Income Tax Act cannot be denied for the reason that the entire agricultural land should be used for...
![Deduction can’t be denied on ground that Entire Agricultural Land not used for Cultivation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Deduction can’t be denied on ground that Entire Agricultural Land not used for Cultivation: ITAT [Read Order]")
Benefit of Sec 54B cannot be denied on Ground that Investment and Document Registered is made in the name of Spouse: Rajasthan HC [Read Judgment]
A division bench of the Rajasthan High Court held that the benefit of Section 54B of the Income Tax Act, 1961 cannot be denied to the assessee merely on the ground that the investment and document...
![Benefit of Sec 54B cannot be denied on Ground that Investment and Document Registered is made in the name of Spouse: Rajasthan HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/RajasthanHighCourt-Taxscan.jpg "Benefit of Sec 54B cannot be denied on Ground that Investment and Document Registered is made in the name of Spouse: Rajasthan HC [Read Judgment]")