#section 54
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Section 54 amendment restricting deduction to One Residential House is prospective

Amendment restricting Section 54 deduction to only one residential house is prospective

Section 54 benefit cannot be denied on installments paid prior to one Year window

Time limit of reckoning for section 54 is to be read as 139(4) & not as 139(1)

Section 54 Exemption: ITAT remit file to AO for fresh consideration

Representation to FM on Concerns of Chartered Accountants

Request to extend time limits under section 54 to 54GB

ITAT allows section 54 deduction on multiple flats in same premises

Section 54 deduction eligible on investment in house purchased abroad within stipulated time u/s 139(4)

Request for extension of due dates of Tax Audit Reports/ITR

ICAI requests for extension of various Income-tax due dates

Section 54 exemption allowable if more than one unit adjacent to each other were as a single residential house

No section 54 Deduction denial for mere Non-Completion of Construction of New House

Appellate Authorities can accept Additional Claim under 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.
