{"id":13778,"date":"2020-11-14T14:43:17","date_gmt":"2020-11-14T14:43:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kasi-viswanathan-ramanathan-v-ito-2020-80-itr-461-chennai-trib\/"},"modified":"2020-11-14T14:43:17","modified_gmt":"2020-11-14T14:43:17","slug":"kasi-viswanathan-ramanathan-v-ito-2020-80-itr-461-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kasi-viswanathan-ramanathan-v-ito-2020-80-itr-461-chennai-trib\/","title":{"rendered":"Kasi Viswanathan Ramanathan v. ITO (2020) 80 ITR 461 ( Chennai )(Trib)"},"content":{"rendered":"<p>Tribunal held that mere non-compliance with a procedural requirement under section\u00a054(2)\u00a0itself could not stand in way of the assessee getting benefit under section\u00a054\u00a0, if, otherwise, he was in a position to satisfy that the mandatory requirement under section\u00a054(1)\u00a0was fully complied with within the time-limit prescribed therein. Therefore, the Assessing Officer was to allow the total investments made by the assessee under section\u00a054F\u00a0after satisfying whether the investment was utilised for the construction of the house within the time-limit specified under section\u00a054F\u00a0.( AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.54F : Capital gains- Investment in a residential house &#8211; Failure to deposit unutilised portion of  consideration in capital gains scheme \u2014 Procedural requirement \u2014 Benefit cannot be denied  [ S.45 , 54(2)] <\/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-13778","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Ae","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13778","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=13778"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13778\/revisions"}],"predecessor-version":[{"id":13779,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13778\/revisions\/13779"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}