#Section 54F
Log in to FollowLatest Section 54F updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 54F benefit remains intact even if Assessee transfer New house acquired to claim S. 54F to acquire another house

Due date for investment in property for S.54 exemption in case of revised return

S. 263 Revision – Revisional jurisdiction cannot be exercised on the ground that AO should have gone deeper

S. 54F not require construction to complete within specified period

Section 54F exemption available on Residential house constructed on agricultural land

No exemption u/s. 54F as assessee not even got possession of Land

S. 54F exemption available for sum invested in land but non-construction of building due to Court order

Notional Consideration U/s. 50C Eligible for Deduction U/s. 54F

Mere subsequent Commercial use of Residential Property not take away benefit u/s.54F

Section 54F Exemption available even if investment is made under joint name with spouse

Exemption u/s. 54F & purchase of share of husband in plot

Section 54F Exemption on Land Appurtenant to Building or Investment in Building Construction

Section 54 – construction of house should necessarily be complete within two years

Section 54F Exemption Allowed for Delayed Completion Beyond Assessee’s Control
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.
