Capital Gain Exemption if the investment is done in the name of Son
Whether capital gain exemption is available if the investment is done in the name of Son or wife or daughter is one of the common questions asked ...
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Posts tagged "Section 54"
Capital gains exemption u/s 54 : Agreement for construction of house – 2 years or 3 years period allowed ?
Capital gains exemption u/s 54 : Agreement for construction of house - 2 years or 3 years period allowed ?
Short Overview Section 54 requires an assessee to purchase residential house property either one year before or within two years ...
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Capital gains exemption u/s 54 : Agreement for construction of house – 2 years or 3 years period allowed ?
Capital gains exemption u/s 54 : Agreement for construction of house - 2 years or 3 years period allowed ?
Short Overview Section 54 requires an assessee to purchase residential house property either one year before or within two years ...
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GST: Eligibility and conditions for taking input tax credit in case of Zer o Rated supply & Refund of IGST paid on Export of goods
GST: Eligibility and conditions for taking input tax credit in case of Zer o Rated supply & Refund of IGST paid on Export of goods
Section 16
Where assessee had complied with the requirements of sub-clauses (a) and (b) of sub-rule ...
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Acquisition of new flat in an apartment under construction should be considered as a case of “Construction” and not “Purchase”
Mustansir I Tehsildar vs. ITO (ITAT Mumbai)
CONCLUSIONS:
Section 54:Acquisition of new flat in an apartment under construction should be considered as a case of “Construction” and not “Purchase”. The date of commencement of construction is not relevant for purpose of ...
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Capital gains–Deduction under section 54– Investment in new asset after furnishing of return under section 54
Anita Ajay Shad v. ITO
Decision: Against the assessee.
Capital gains--Deduction under section 54-- Investment in new asset after furnishing of return under section 54
Capital gains
Facts:
Assessee sold certain property and claimed deduction under section 54 in respect of proceeds. Invested in ...
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