Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

When a house is completed after expiry of three years from the ...

Income Tax

September 26, 2012

When a house is completed after expiry of three years from the transfer of the original asset, the assessee is entitled to exemption under section 54F - AT

View Source

 


 

You may also like:

  1. Disallowance of claim u/s 54F - assessee did not purchase new house within the stipulated time of one year prior to the date of transfer of original asset - renovation...

  2. LTCG - eligibility or claim of exemption of u/s. 54F - As per AO new asset cannot be considered as acquired within 02 years of transfer of original asset - Since the...

  3. LTCG - Denial of exemption u/s 54 - the ITAT observed that, for the purpose of claiming the benefit u/s 54 of the Act, within a period of one year before or two year...

  4. For claiming exemption under S.54 it is not necessary that the investment in new asset should be out of the sale consideration received from transfer of the original...

  5. Deduction u/s 54 - , the assessee fulfilled the condition in respect of construction of residential house within a period of three years from date of transfer of the...

  6. LTCG - Benefit of exemption u/s 54F - Purchase of second residential house - assessee already owns one residential house in USA - Contention of the Ld. AR that the...

  7. Exemption u/s 54F - Assessment Year in which the amount is taxable where the assessee had not constructed the house property within the period of 3 years - it will be...

  8. Deduction u/s 54F - assessee purchased two properties - the requirement of the proviso is that if the assessee purchases any residential house other than the new asset...

  9. Deduction claimed u/s. 54 - delay in depositing unutilized amount in capital gains account deposit scheme - Assessee has explained reasons for depositing unutilized...

  10. Deemed rental income of residential house u/s 23(4) - claimed that flats owned are stock in trade - CIT(A) while upholding the addition has given a finding that three...

 

Quick Updates:Latest Updates