![Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/house-property-USA-exemption-Assessee-Taxscan.jpg "Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]")
Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]
The Karnataka High Court held that the assessee is eligible for exemption under Section 54F of the Income Tax Act for the investment made in the...
![Deduction allowable even If Capital Gain is not disclosed in Original Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Capital-Gain-Taxscan.jpg "Deduction allowable even If Capital Gain is not disclosed in Original Return: 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]")
![Different Floors of Single Building cannot be Counted as Separate “Residential Houses” u/s 54F of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Different-Floors-Single-Building-Counted-as-Separate-Residential-House-Income-Tax-Act-Delhi-HC-taxscan.jpg "Different Floors of Single Building cannot be Counted as Separate “Residential Houses” u/s 54F of Income Tax Act: Delhi HC [Read Order]")
Capital Gain Exemptions u/s 54F are Beneficial Provisions, To be Interpreted Liberally: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that Capital gain exemptions under Section 54F of the Income Tax Act, 1961 are beneficial provisions, therefore it should...
![Capital Gain Exemptions u/s 54F are Beneficial Provisions, To be Interpreted Liberally: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Capital-Gain-Exemptions-Capital-Gain-Beneficial-Provisions-Interpreted-Liberally-ITAT-Liberally-income-tax-taxscan.jpg "Capital Gain Exemptions u/s 54F are Beneficial Provisions, To be Interpreted Liberally: ITAT [Read Order]")
Section 54F Deduction can be Allowed even if Amount not Deposited in Capital Gains Account Scheme: ITAT [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT), ruled that Section 54F Deduction under the Income Tax Act, 1961 can be allowed even if amount not Deposited in Capital Gains Account...
![Section 54F Deduction can be Allowed even if Amount not Deposited in Capital Gains Account Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Deduction-Amount-not-Deposited-Capital-Gains-Account-Scheme-Capital-Gain-ITAT-Income-Tax-Taxscan.jpg "Section 54F Deduction can be Allowed even if Amount not Deposited in Capital Gains Account Scheme: ITAT [Read Order]")
Capital Gain Exception can't be denied If Non-completion of Construction was not Assessee's Fault: ITAT [Read Order]
The New Delhi bench of due Income Tax Appellate Tribunal (ITAT) in the case of Abodh Borar v ITO held that delay in developer’s delivery of possession to which the assessee could not complete the...
![Capital Gain Exception cant be denied If Non-completion of Construction was not Assessees Fault: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/deduction-Section-54F-Taxscan.jpg "Capital Gain Exception cant be denied If Non-completion of Construction was not Assessees Fault: ITAT [Read Order]")
![No Deduction since Sale was made in Cash under Unregistered Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Unregistered-Deed-ITAT-Taxscan.jpg "No Deduction since Sale was made in Cash under Unregistered Deed: 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]")
![ITAT allows Sec 54F Relief for Additional Floors of New House [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/New-House-ITAT-Taxscan.jpg "ITAT allows Sec 54F Relief for Additional Floors of New House [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...