{"id":5417,"date":"2019-05-14T09:15:02","date_gmt":"2019-05-14T09:15:02","guid":{"rendered":"http:\/\/itatonline.org\/digest\/kapil-kumar-agarwal-v-dcit-delhitribwww-itatonline-org\/"},"modified":"2019-05-14T09:15:02","modified_gmt":"2019-05-14T09:15:02","slug":"kapil-kumar-agarwal-v-dcit-delhitribwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kapil-kumar-agarwal-v-dcit-delhitribwww-itatonline-org\/","title":{"rendered":"Kapil Kumar Agarwal v. DCIT (Delhi)(Trib),www.itatonline.org"},"content":{"rendered":"<p><strong>Allowing the appeal of the assessee , Tribunal held that an assessee who has purchased a house property is entitled to exemption u\/s 54F despite the fact that construction activities of the new house has started before the date of sale of the original asset . Beneficial provision and should be liberally interpreted.\u00a0( Followed CIT v. Bharti Mishra \u00a0( 2014) 265 CTR 374 (Delhi) (HC) \u00a0&amp; CIT v. Kuldeep Singh \u00a0( 2014) 270 CTR 561 (Delhi)(HC) followed) <\/strong>(ITA No. 2630\/Del\/2015,dt.\u00a0 30.04.2019)(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.54F : Capital gains- Investment in a residential house \u2013 Construction activities of the new house started before the date of sale of original asset &#8211; Beneficial provision and should be liberally interpreted- 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":[1],"tags":[],"class_list":["post-5417","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1pn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5417","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=5417"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5417\/revisions"}],"predecessor-version":[{"id":11651,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5417\/revisions\/11651"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}