#section 54
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Assessee cannot claim exemption U/s. 54 on two disparately placed properties

Benefit u/s 54B can be claimed even if new agricultural land is purchased prior to transfer of previously owned agricultural land

AO is Duty bound to Assist tax payer in a reasonable way

S. 54 Exemption cannot be denied for payment by third party if subsequently reimbursed by the Assessee

S. 54/54F exemption available on Investment in purchase of plot/land for construction of house

Sec. 54B Capital gain on transfer of land used for agricultural purposes not to be charged in certain cases

Delhi HC Allows Section 54/54F Relief for Multiple Flats in One Building

S. 54 Amount not utilized in construction of residential house within 3 years is taxable in the year in which period of 3 years expires

Section 54 benefit available to Assessee on Flat Purchased in wife/Daughters name

Assessee can claim exemption under both Sec. 54 & 54F for investment in same house

Deduction U/s. 54/54F dallowable for purchase of multiple independent house units

Exemption from long-term capital gains–Purchase of residential house in a foreign country

Deduction u/s. 54 / 54EC cannot be denied for investment in joint names

Amendments to Capital Gains Accounts Scheme, 2012
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.
