#section 54
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Section 263 Jurisdiction cannot be exercised When Larger Issue Pending Before CIT(A)

Delay in trial cannot be used as ground to grant bail: Supreme Court

Important Income Tax Amendment Applicable For F.Y. 2023-24 (A.Y. 2024-25)

Unutilised IGST Credit Refund: Bombay HC Directs Fair Hearing & Timely Adjudication

HC allows GST Refund Clubbing Across Multiple Periods Beyond Single Calendar Month

Unutilized ITC Refund Valid, Debit Entries Not Mandatory: Madras HC

ITAT Dismisses Appeal for Non-Appearance & Documentation Failure in Section 54 Exemption Claim

Income Tax Case: Section 54F Deduction Upheld for Property in Spouse’s Name

No Section 54F Exemption for Property used for Religious purposes: ITAT Hyderabad

Revision u/s 263 sustained as assessment completed in a routine and mechanical manner

Provisions of section 50C not applicable for Assessment Year 2013-14: ITAT Bangalore

Supplies To and FRO SEZ Unit Vis A Vis DTA Unit Under GST

Purchased Flat in Minor Daughter’s Name, Deduction U/S 54F Allowed by ITAT

New house purchased in the name of spouse, eligible for section 54 deduction
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.
