{"id":62886,"date":"2026-07-30T15:47:18","date_gmt":"2026-07-30T10:17:18","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-iqbal-ali-khan-2024-158-taxmann-com-377-2025-130-itr-576-hyd-trib\/"},"modified":"2026-07-30T15:47:18","modified_gmt":"2026-07-30T10:17:18","slug":"acit-v-iqbal-ali-khan-2024-158-taxmann-com-377-2025-130-itr-576-hyd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-iqbal-ali-khan-2024-158-taxmann-com-377-2025-130-itr-576-hyd-trib\/","title":{"rendered":"ACIT v. Iqbal Ali Khan [2024] 158 taxmann.com 377 \/ (2025) 130 ITR 576 (Hyd.)(Trib.)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>The assessee claimed exemption under section 54F on investment in construction of a property used as a mosque, orphanage school and staff quarters. The Tribunal held that the property could not be regarded as a &#8220;residential house&#8221; contemplated under section 54F, as it was predominantly constructed and used for religious purposes and not for the assessee&#8217;s residential occupation. Since the statutory requirement of investment in a residential house was not satisfied, no deduction under section 54F was allowable, and there was no scope for granting proportionate relief.\u00a0 (AY. 2013-14).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.54F: Capital gains-Investment in a residential house-Construction of mosque not a residential house-Not entitled 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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62886","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gmi","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62886","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=62886"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62886\/revisions"}],"predecessor-version":[{"id":62887,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62886\/revisions\/62887"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}