{"id":14816,"date":"2021-01-03T15:26:08","date_gmt":"2021-01-03T15:26:08","guid":{"rendered":"https:\/\/itatonline.org\/digest\/anil-dev-v-dy-cit-2020-82-itr-1-185-itd-418-sn-bang-trib\/"},"modified":"2021-04-25T18:32:42","modified_gmt":"2021-04-25T13:02:42","slug":"anil-dev-v-dy-cit-2020-82-itr-1-185-itd-418-sn-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/anil-dev-v-dy-cit-2020-82-itr-1-185-itd-418-sn-bang-trib\/","title":{"rendered":"Anil Dev v. Dy. CIT (2020) 82 ITR 1 (SN\/ 185 ITD 418 \/  119 taxmann.com 328  \/ (2021)  198 DTR 150\/ 209 TTJ 920  (Bang) (Trib)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>Allowing the appeal of the assessee the Tribunal held that ,where\u00a0 a property is\u00a0 purchased\u00a0 by a\u00a0 person, mere inclusion of his or\u00a0 her name in the purchase deed is\u00a0 not\u00a0 enough because this may\u00a0 happen for various reasons including that the other person who is really purchasing the property wanted to include the name of\u00a0 his relative in the purchase deed for some emotional issues. Hence denial of exemption is not justified . Referred DIT (IT) v. \u00a0\u00a0Mrs. Jennifer Bhide\u00a0\u00a0 2011 (9) TMI 161 \u00a0( karn) (HC) \u00a0\u00a0Shri Raghuram P Nambyar and Smt. Veena Nambyar v. ACIT 2018 (3) TMI 581-ITAT (Bang) ( AY.2013-14)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.54F : Capital gains- Investment in a residential house \u2013 Joint account \u2013 Denial of exemption is held to be not justified [ S.45 ]<\/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-14816","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3QY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14816","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=14816"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14816\/revisions"}],"predecessor-version":[{"id":17262,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14816\/revisions\/17262"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}