Explore landmark judgments on capital gain tax exemptions under Sections 54 and 54F of the Income Tax Act. Key highlights from ITAT and High Court cases explained.
Bombay HC grants interim relief allowing taxpayers to claim Section 87A rebate for AY 2024-25. Revised ITR deadline extended to 15 Jan 2025; final ruling pending.
Learn about capital gain exemptions for investing in multiple residential units under Section 54F, with case law insights on eligibility and conditions.
Learn about capital gain tax exemptions on property under redevelopment, including eligibility under Section 54 and implications for sales and possession delays.
ITAT Mumbai remands case on capital gain exemption for two adjoining flats under Section 54F, directing physical verification of flats by the Assessing Officer.
ITAT ruled that exemption under Section 54F cannot be denied solely due to missing bills or vouchers, emphasizing the principle of natural justice.
Learn about how the holding period of property impacts Capital Gain tax, including ITAT’s recent decision clarifying calculations from the allotment date.
Explore the intricacies of capital gain tax on unlisted shares, from computation to reporting in ITR 2. Learn about deductions, set-offs, and more.
Learn about tax treatment of Sovereign Gold Bonds (SGBs), including interest income, redemption, and capital gains, and how to report them in your Income Tax Returns (ITR).
Article explains how to report capital gain from the sale of immovable property in ITR 2. Step-by-step guide with illustrations and FAQs for easy filing.
