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section 54B or section 54D or section 54EC or section 54F or section 54G or section 54GA or section 54GB or Chapter VI-A exceeded

save as otherwise provided in sections 54, 54B, 54D, 54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital

Section 54F in The Income Tax Act, 1961 54F. [ Capital gain on transfer of certain capital assets not to be charged in case of investment

issue raised in this appeal is that whether the exemption under Section 54F of the Income Tax Act, 1961 (hereinafter referred ... capital gain to the extent of `3,18,59,276/- under Section 54F of the Act on account of purchase of a new house property

before claiming exemption under Section 54B and 54F of the Act. During the course of assessment proceedings the assessee's representative was asked ... substantiate the claim made for exemption under section 54B and 54F of the Act. In reply the assessee stated in the year

circumstances of the case and on a proper interpretation of Section 54F of the Income Tax Act 1961, the Tribunal was right ... hands. In computing the capital gains, the assessee claimed deduction under Section 54F on the ground that the sale proceeds were invested in the acquisition

multi-storey construction as a single residential unit under Section 54F , without considering the intention of the legislature to restrict the reinvestment to only ... more residential unit under Section 54F ? 2. Whether on the facts and circumstances of the case, the Tribunal was right in interpreting the phrase

residential house' used in Sub-section (1) of Sections 54 and 54F means one residential house or more than one residential house independently located ... before the Division Bench. The Revenue contended that exemption under Section 54 / 54F of the IT Act, 1961 (Act) would be available only in respect

were invested in the residential property, the same were exempted under Section 54F of the IT Act. The AO sought various details pertaining ... that the assessee has withdrawn his claim made under Section 54F of the IT Act and has shown the amount of capital gain as income

respondent in accepting the claim of exemption/deduction under Section 54F of the Act in the computation of long term capital gains even though there ... respondent in accepting the claim of exemption/deduction under Section 54F of the Act in the computation of long term capital gains even though there