{"id":55959,"date":"2025-08-16T10:29:46","date_gmt":"2025-08-16T04:59:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vijay-vasant-kulkarni-v-acit-2025-303-taxman-519-bomhc\/"},"modified":"2025-08-16T10:29:46","modified_gmt":"2025-08-16T04:59:46","slug":"vijay-vasant-kulkarni-v-acit-2025-303-taxman-519-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vijay-vasant-kulkarni-v-acit-2025-303-taxman-519-bomhc\/","title":{"rendered":"Vijay Vasant Kulkarni v. ACIT (2025) 303 Taxman 519 (Bom)(HC)"},"content":{"rendered":"<p>The assessee claimed deduction u\/s 54F in original assessment. AO later reopened assessment alleging deduction should be restricted to cost of acquisition of assessee\u2019s share. No queries on s. 54F were raised earlier. High Court\u00a0 held writ was not maintainable as an alternate efficacious remedy by appeal existed; refrained from examining facts under Art. 226. Ad-interim relief extended for 4 weeks to enable stay application. (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-Capital gains-Capital gains-Investment in a residential house-Alternate remedy-Writ petition is dismissed. [S.54F  143(3),148, Art.226] <\/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-55959","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eyz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55959","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=55959"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55959\/revisions"}],"predecessor-version":[{"id":55960,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55959\/revisions\/55960"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=55959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=55959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=55959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}