#section 54
Log in to FollowLatest section 54 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 54 exemption cannot be denied for acquiring new house in wife’s name

Capital Gains Exemptions under Section 54, 54F and 54EC

Allow Section 54F for joint ownership with spouse of house funded through joint home loan

Capital Gain Exemption on Sale of Property Under Sec 54F – Landmark Judgements – Part II

Section 54F exemption on house purchased in the name of assessee’s wife & son allowed

Individual resident of 60 years or more not having business income is not required to pay advance tax

Section 54 Exemption from Tax on Sale of House

ITAT restricts section 54 deduction to one floor of residential house

ITAT Restricted section 54 exemption as investment in house property was done jointly

Prior to 01.04.2020, capital gain exemption u/s 54 was allowed to be claimed without filing return

Amendment in Capital Gain exemption under Section 54 & 54F – Budget 2023

Deduction u/s 54 of Income Tax Act not available on sale of vacant plot

Major amendments in Budget 2023 relating to Capital Gains

Amendments by Finance Act, 2023 related to Tax on Capital gain
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.
