#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 Deduction Allowed Despite Incomplete Documents: ITAT Bangalore

No Penalty for Wrong Claim or Head of Income – ITAT Deletes Section 271(1)(c) Penalty

ITAT Mumbai: Sec 54 Claim Cannot Be Denied Merely for No Original Return-Allowed in Reassessment

ITAT Bangalore: Mere Wrong Claim u/s 54 Does Not Attract Penalty u/s 271(1)(c)

Taxation of Property Transactions: Key Section 54/4F Judicial Pronouncements – Part 2

Section 54 Exemption Allowed Without Registration Due to Possession & Payment

Taxation of Property Transactions: Key Section 54/4F Judicial Pronouncements- Part 1

Section 54 Deduction Allowed Due to Investment Within Time from Registered Deed Date

Section 54 Deduction Allowed for Multiple Floors Due to Single Residential House Interpretation

Fresh Claim of Section 54F Cannot Be Rejected Mechanically – ITAT Remands for Reconsideration

Section 54F Relief Allowed in Reassessment: ITAT Treats JDA Flats as Investment

Section 263 Revision Quashed Due to Pending Appeal on Same Issue Before CIT(A)

Section 54 Exemption Allowed as Possession Taken Despite Unregistered Agreement

Section 54 Benefit Granted as Possession of Under-Construction Flat Taken Within 3 Years
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.
