#section 54
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Payments at time of search cannot be construed as voluntary u/s. 74(5) of CGST Act

ITAT Remands CIT(A) Order for Non-Speaking Decision on 54/54F & Net Consideration

Assignment of Specific-Performance Decree Doesn’t Require Registration: SC

Section 54 Exemption on Selling a House: Eligibility, Timelines, Limits and Rules

ITAT Delhi Allows Section 54 Exemption for Property Purchased in Australia

Section 54 Deduction Eligible on Actual Investment, Not Ownership Share ITAT Mumbai

Delhi HC Criticises Income Tax Dept’s Delay, Grants Assessee Refund & Interest

Non-Completion of Project Doesn’t Nullify Land Transfer for Capital Gains: ITAT Cochin

Section 54 Relief Upheld as Property Reinvestment Delay Beyond Assessee’s Control

Delay of 3621 days in filing of impleadment application condoned as reasonable explanation provided

Reassessment Invalid for Change of Opinion on 54F Claim – ITAT Quashes ₹1.63 Cr LTCG Addition

ITAT Allows Section 54 Deduction for Renovation to Make New House Habitable

ITAT Ahmedabad Allows Section 54 Exemption on Habitable Expenses

AO’s Acceptance of Section 54 Exemption on Flat Fixtures Was a Plausible View – Section 263 Revision Invalid
Explore the latest section 54 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
