{"id":25979,"date":"2022-03-27T11:08:53","date_gmt":"2022-03-27T05:38:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jcit-osd-v-santosh-suresh-gupta-2021-90-itr-24-sn-punetrib\/"},"modified":"2022-03-27T11:08:53","modified_gmt":"2022-03-27T05:38:53","slug":"jcit-osd-v-santosh-suresh-gupta-2021-90-itr-24-sn-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jcit-osd-v-santosh-suresh-gupta-2021-90-itr-24-sn-punetrib\/","title":{"rendered":"JCIT (OSD) v. Santosh Suresh Gupta (2021) 90 ITR 24 (SN) (Pune)(Trib.)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>Held, dismissing the appeal, that the assessee invested Rs. 2.24 crorre\u00a0 and odd in the construction of the house within a period of three years, which construction was incomplete at the end of the stipulated period, but got actually completed at a later stage. The assessee invested a sum of Rs. 1 crore in the Capital Gains Scheme account. The Commissioner (Appeals) was right in granting exemption under section\u00a054F\u00a0of the Act. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54F : Capital gains-Investment in a residential house-Construction of  residential house within three years-Completion of construction is not mandatory-Once construction started and amount invested the condition of section is fulfilled. [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-25979","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6L1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25979","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=25979"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25979\/revisions"}],"predecessor-version":[{"id":25980,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25979\/revisions\/25980"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}