ITAT Chennai Remands Section 54F Claim, Protective Addition & TDS Credit Issues

Sundararaman Narayanan Vs DCIT (ITAT Chennai) The appeal before the Income Tax Appellate Tribunal (ITAT), Chennai, relates to the assessment year 2015–16 and arises from the order of the Commissioner of Income Tax (Appeals) [CIT(A)] dated 11.11.2025. The assessee, an individual, had filed his return declaring total income of Rs. 24,31,780/- and claimed a refund. The capital gains in question arose from the sale of a residential property standing in the name of the assessee’s wife, for a consideration of Rs. 75,00,000/-. The assessee computed capital gains and claimed exemption under sectio...