{"id":3421,"date":"2018-12-27T11:58:55","date_gmt":"2018-12-27T11:58:55","guid":{"rendered":"http:\/\/itatonline.org\/digest\/kalavathy-sundaram-smt-v-ito-2018-172-itd-597-chennaitrib\/"},"modified":"2018-12-27T11:58:55","modified_gmt":"2018-12-27T11:58:55","slug":"kalavathy-sundaram-smt-v-ito-2018-172-itd-597-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kalavathy-sundaram-smt-v-ito-2018-172-itd-597-chennaitrib\/","title":{"rendered":"Kalavathy Sundaram (Smt.) v. ITO  (2018) 172 ITD 597 (Chennai)(Trib.)"},"content":{"rendered":"<p>Tribunal held that part of sale consideration\u00a0 which\u00a0 is invested re construction of house belong to husband where she is residing is held to be entitle to exemption. However development expenditure of Rs. 3.20 lakhs, it is not in dispute that the property was sold on 22-01-2010 but, the quotation for so-called development was obtained from TC only on 20-03-2010 therefore, after the sale of property. Accordingly ,the assessee would not have incurred the expenditure. \u00a0(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54F : Capital gains-Investment in a residential house\u2013 Invested in reconstruction of house another house property belong to husband  where she was residing\u2013Entitle to exemption-Development expenditure was not allowed on facts. [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-3421","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Tb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3421","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=3421"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3421\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}