#section 54
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Absence of three persons rules out agreement from scope of intermediary services: Refund granted

CIT(A) should have admitted alternate claim of Section 54 Exemption: ITAT Delhi

Non-Exhaustion of Statutory Remedies: Patna HC dismisses GST Refund Petition

Section 54F Exemption: AO Directed to Verify Compliance with Capital Gain Account Scheme

IGST Refund Allowed as Software Development Qualifies as Export

Proceedings u/s. 153A bad-in-law as no certificate issued as per rule 112F: ITAT Mumbai

Madras HC Orders Review of Revenue Neutrality in GST on Duty-Free Shop Guarantees

Family Settlement Compensation Taxable as Capital Gain; Section 54 & 54EC Deductions Allowed

P&H HC Denies Sec 54 Exemption for Two Separate independent Houses

Section 54F exemption granted for different floors of single residential house

Different floors of same house cannot be considered as multiple house for 54F deduction

GST Council to Decide Compensation Cess on Supplies to Merchant Exporters

No Section 54B Deduction on Agriculture Land Purchased in Wife’s Name: ITAT Chandigarh

Section 54 Benefit Allowed for Property Purchased Jointly with Spouse
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.
