#section 54
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ITAT Cancels Section 263 Revision as Issue Was Already Pending Before CIT(A)

Section 54 Allowed on Flat Booking Rights, But Capital Gains on Gifted Share to Wife Clubbed Under Section 64(1)(iv)

Section 54 Deduction Allowed Despite Joint Ownership as Assessee Funded Purchase: ITAT Chandigarh

Section 54 Exemption for Capital Gains on Residential Property Transfer

Deduction u/s 54F was allowable on 50 Flats received under JDA for Pre-2015 assessment year

Exemptions from Capital Gains: A Comprehensive Guide

Section 54 Relief Allowed on Construction Cost as New House Was Built Within Statutory Period

Section 54 Relief Cannot Be Denied If Capital Gains Are Invested Before Filing Return u/s 139(4): Bangalore ITAT

Section 54F Relief Allowed Despite Sale Deed After Two Years- ITAT Holds Flat Booking & Substantial Payment Satisfy the Law

ITAT Quashes Reassessment as Search-Based Material Required Action Under Section 153C, Not Section 148

Wrong ITR Figures Alone Can’t Trigger Section 68 Addition: ITAT Delhi

Bombay HC Orders Interest on Delayed IGST Refund, Criticises Mechanical Denial

Section 54 Exemption Cannot Be Denied Due to Joint Ownership With Spouse: ITAT Chandigarh

ITAT Mumbai Allows Section 54 Deduction as Allotment Letter & Payment Were Sufficient
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.
