Searched for
DELAY IN NEW HOUSE CONSTRUCTION SECTION 54F
ET explainer: Centre's 4-month extension to ease compliance burden for realty companies, ensure project completionThe government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West A...- Rs 22.94 lakh LTCG for land sale of Rs 92 lakh invited tax notice; Gujarat HC ruled in her favour after 9 years fight; Know whyLady got tax notice after selling land for Rs 92 lakh and reporting Rs 22.94 lakh LTCG in ITR; Know how Section 55A(a) helped her win case ...
- Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- Missed filing your ITR by July 31, 2026? Know your options and here’s what you can do nowTaxpayers missing the July 31, 2026 income tax return deadline have options. A belated ITR can be filed until December 31, 2026, with a lat...
- Lok Sabha okays Birth and Death Registration Bill without debateThe Lok Sabha passed the Registration of Births and Deaths (Amendment) Bill, 2026 amid opposition protests. Opposition MPs demanded Home Mi...
- How researchers created a giant 3D printer capable of building an entire house in just 24 hours3D printer that builds a house in 24 hours: Researchers developed a giant 3D concrete printer for rapid house construction. This technology...
- Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
- Ram temple donation row: Counsel for accused claims police invoked wrong BNS sectionsThe legal aid counsel for the accused in the Ram temple donation case will challenge police investigation methods. He alleges incorrect sec...
- Registration of Births and Deaths (Amendment) Bill, 2026 passed in Lok Sabha amid protests over police crackdownThe Lok Sabha passed the Registration of Births and Deaths (Amendment) Bill, 2026, on Friday. This important bill was approved by voice vot...
- What if you miss the July 31, 2026 ITR filing due date? Here are your optionsMissing the July 31, 2026 ITR filing deadline incurs a late fee. Belated returns can be filed with interest and a penalty up to Rs 5,000. C...
- Rs 1,000 or Rs 5,000 late filing fee for missing ITR filing deadline of July 31? How much fine you may need to pay and whyITR filing deadline: The July 31, 2026, deadline is crucial for many taxpayers filing income tax returns. Missing this date incurs a late f...
- Will government raise Rs 21,000 ESIC wage ceiling? Here's what Labour Ministry saidThe ESIC wage ceiling is periodically increased by the government. The last revision raised the limit to twenty-one thousand rupees monthly...
- Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
- Parul, Sreeshankar lead India's Day 7 medal charge at CWGIndian athletes Parul Chaudhary and Murali Sreeshankar headline Day 7 events. Six boxers are in quarterfinal action, aiming for medal conte...
- Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54FMany taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house...
- India's top 7 cities face retail space crunch in malls, new supply down 57 pc in Jan-Jun: AnarockReal estate consultant Anarock reported that gross leasing of retail spaces in malls stood at about 4.1 million sq ft in the first half of ...
- Save income tax when filing ITR for AY 2026-2027 by claiming Section 54 or 54F benefits if you sold land, house property or equity shares; Know howIndian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential p...
- ITR filing: Claimed capital gains exemption? The 3-year tax trap that may trigger income-tax noticesMany taxpayers wrongly believe that capital gains deposited in the Capital Gains Account Scheme (CGAS) become taxable only on withdrawal. T...
- Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...
Load More
