Sponsored
    Follow Us:

Case Law Details

Case Name : ACIT Vs Justice N. Kannadasan (ITAT Chennai)
Related Assessment Year : 2012-2013
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

ACIT Vs Justice N. Kannadasan (ITAT Chennai)

ITAT Chennai held that exemption under section 54F of the Income Tax Act duly available towards purchase of undivided share of land.

Facts- The only issue in this appeal of Revenue is against the order of CIT(A) directing the AO to verify and allow the claim of deduction u/s.54F of the Act, whereas the CIT(A) has no power to set aside or examine the issue afresh as per the provisions of section 251(1)(a) of the Act.

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31