6 results for “capital gains”+ Section 54Fclear
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Appeal is allowed;
Bench: P.S.DINESH KUMAR,RAMACHANDRA D. HUDDAR
54F. Capital gain on transfer of certain. capital assets not to be charged in case of investment in resident house, -(1) Where, in the case of an assessee being an individual, the capital gain arises from the transfer of any long-term capital asset, not being a residential house (hereafter in this section
Appeal stands dismissed
Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR
gains arising from the transfer of a capital asset effected in the previous year shall, save as otherwise - 8 - provided in sections 54, 54B, 54D, 54E, 54EA, 54EB, 54F
In the result, the findings
Bench: ALOK ARADHE,R. NATARAJ
gains arising from the transfer of a capital asset effected in the previous year shall, save as otherwise provided in sections 54, 54B, 54D, 54E, 54EA, 54EB, 54F
In the result, the appeal is disposed of
Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR
Capital Gain of Rs.51,355/- to tax. 3. The assessment was completed under Section 143(3) of the Act. The Assessing Officer by an order dated 31.12.2010 inter alia held that the assessee has not purchased the asset, in respect of which the 5 claim under Section 54F
In the result, we do not find any merit in this
Bench: ALOK ARADHE,ASHOK S.KINAGI
capital gains and claimed exemption under Section 54F of the Act. It is further submitted that rental income derived from
The appeal is disposed of
Bench: ALOK ARADHE,RAVI V HOSMANI
capital gains; therefore, the fourth substantial question of law is rendered academic. 8. In view of preceding analysis, the impugned order passed by the Income Tax Appellate Tribunal dated 28.06.2010 is hereby quashed. Since, the tribunal in view of the finding recorded by it that gains received on sale of shares is a perquisite, has not dealt with the issue
