{"id":1821,"date":"2018-07-23T09:25:18","date_gmt":"2018-07-23T09:25:18","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dcit-v-m-raghuraman-2018-65-itr-17sn-chennai-trib\/"},"modified":"2018-07-23T09:25:18","modified_gmt":"2018-07-23T09:25:18","slug":"dcit-v-m-raghuraman-2018-65-itr-17sn-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-m-raghuraman-2018-65-itr-17sn-chennai-trib\/","title":{"rendered":"DCIT  v.  M. Raghuraman.  (2018) 65 ITR  17(SN) (Chennai)  (Trib)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that ; The entire capital gains were paid to the developer of the flat. In other words, the assessee had utilised the entire capital gains by way of making payment to the developer of the flat. The requirement of section\u00a054\u00a0is that the capital gain shall be utilised or appropriated as specified in S.\u00a054(2)\u00a0. The assessee had complied with the conditions stipulated in S.54(2)\u00a0. Therefore the assessee was entitled to exemption under S.54 of the Act \u00a0.( AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54 : Capital gains &#8211; Profit on sale of property used for residence -Entire capital gains paid to developer of Flat \u2014 Assessee is entitled to exemption  .[ 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":[1],"tags":[],"class_list":["post-1821","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-tn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1821","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=1821"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1821\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}