{"id":13251,"date":"2020-10-25T13:24:37","date_gmt":"2020-10-25T13:24:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/subhalakshshmi-kurada-v-acit-2020-bcaj-june-44-bang-trib\/"},"modified":"2020-10-25T13:24:37","modified_gmt":"2020-10-25T13:24:37","slug":"subhalakshshmi-kurada-v-acit-2020-bcaj-june-44-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/subhalakshshmi-kurada-v-acit-2020-bcaj-june-44-bang-trib\/","title":{"rendered":"Subhalakshshmi Kurada v ACIT ( 2020) BCAJ -June \u2013 44 ( Bang) (Trib)"},"content":{"rendered":"<p>\u00a0<\/p>\n<p>Allowing the appeal of the assessee the tribunal held that entire consideration towards purchase of the new residential house had flown from the bank account of the assessee . Merely because the name of assessee\u2019s husband was mentioned in the purchase document\u00a0 exemption cannot be denied . ( Followed\u00a0 DIT v . \u00a0Mrs. Jennifer Bhide [2012] 349 ITR 80 (Karn) (HC) , Bhatkal Ramaro v .ITO\u00a0\u00a0 [2019] 175 ITD 144 ( Bang) (Trib) \u00a0 ( ITA No. 2493 \/Bang\/ 2019 dt. 8 -5 -2020) (AY. 2016 -17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54 : Capital gains &#8211; Profit on sale of property used for residence -Exemption cannot be denied when the property was purchased in the joint name of assessee and others [ S.45 , 54F ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-13251","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3rJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=13251"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13251\/revisions"}],"predecessor-version":[{"id":13252,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13251\/revisions\/13252"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}