#section 54
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Suspicious Suppliers from Different States Not Grounds for Transferring Proceedings to Centre

Capital Gain Tax Exemption on Property under Redevelopment

Capital Gain Exemption On Investment In Two Adjoining Properties

Section 54F Exemption Fully Allowed as Son Listed as Proforma Purchaser: ITAT Pune

Capital Gain Exemptions on Property or any Other Asset Sale (Sections 54, 54F, 54EC)

Adhering to Valid Claims in ITR for LTCG on Immovable Property Sales: A Case Study

Commercial Tax Officer not obliged to Physically Verify E-Way Bills for Section 54 Refund Claim

Deletion of Unexplained Cash Without Proper Verification Unjustified; Matter Restored: ITAT Raipur

Deduction u/s. 54 admissible even when return is filed belatedly: ITAT Ahmedabad

Investment by firm allowable as deduction u/s. 54G to partner as per his partnership share: ITAT Rajkot

Penalty u/s. 271D unwarranted as reasonable cause shown for cash receipt on sale of property: ITAT Bangalore

Holding period computable from allotment letter date & not sale agreement registration date

Section 54: Acquisition Date Is When Possession Is Handed Over, Not Agreement Date

Agreement to sell coupled with possession constituted a valid transfer for Section 54
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.
