#Section 54F
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Cost of Land is part of Construction Cost of House to avail Section 54F Exemption

Section 54F | Computation of holding period | Allotment date or Possession date

Section 54F Exemption without evidence of Agreement & Payment not allowable

Exemption U/s. 54F available on capital gain on sale of depreciable assets

Section 54F deduction on cost of additional floors on new house

Assessment not valid if AO fails to consider deduction/exemption claimed

Section 54/54F :Tenancy right cannot be equated with ownership rights

Section 54F of the Income Tax Act, 1961

Exemption u/s 54F allowable despite start of construction of new house before sale date of original asset

No Penalty for mere rejection of Sec 54F claim against tenancy right Sale

Section 54F Deduction cannot be denied for mere non deposit of amount in bank a/c

Section 54F deduction cannot be restricted to stamp duty value

Commencement of property construction prior to transfer of original asset not an impediment for section 54F exemption

Exemption U/s. 54 cannot be disallowed just because exemption was claimed U/s. 54F
Explore the latest Section 54F 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.
