{"id":23076,"date":"2021-12-18T17:16:56","date_gmt":"2021-12-18T11:46:56","guid":{"rendered":"https:\/\/itatonline.org\/digest\/krishnappa-jayaramaiah-v-ito-2021-189-itd-15-bang-trib\/"},"modified":"2021-12-18T17:16:56","modified_gmt":"2021-12-18T11:46:56","slug":"krishnappa-jayaramaiah-v-ito-2021-189-itd-15-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/krishnappa-jayaramaiah-v-ito-2021-189-itd-15-bang-trib\/","title":{"rendered":"Krishnappa Jayaramaiah v. ITO (2021) 189 ITD 15 (Bang.)(Trib.)"},"content":{"rendered":"<p>Held that, there is nothing in S.54F to show that house should be purchased in name of assessee only. Since there was a direct nexus between sale consideration received and utilized investing in residential house in name of married widowed daughter of assessee, exemption u\/s. 54F on amount invested in purchase of residential house in daughter&#8217;s name is allowed. (AY. \u00a02016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54F : Capital gains-Exemptions-investment in house property in name of assessee&#8217;s widowed daughter was allowable-Direct nexus between sale consideration received and investment in house property-Entitle 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":[21],"tags":[],"class_list":["post-23076","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-60c","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23076","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=23076"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23076\/revisions"}],"predecessor-version":[{"id":23077,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23076\/revisions\/23077"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}