{"id":7022,"date":"2019-09-05T08:13:06","date_gmt":"2019-09-05T08:13:06","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-jai-kumar-gupta-huf-2019-177-itd-558-mum-trib\/"},"modified":"2019-09-05T08:13:06","modified_gmt":"2019-09-05T08:13:06","slug":"acit-v-jai-kumar-gupta-huf-2019-177-itd-558-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-jai-kumar-gupta-huf-2019-177-itd-558-mum-trib\/","title":{"rendered":"ACIT  v. Jai Kumar Gupta (HUF) (2019)  177 ITD 558 (Mum.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that merely because assessee, by ignorance of law or mistake has claimed deduction under section 54F instead of section 54, such ignorance of law\/mistake on part of assessee cannot be utilized to its disadvantage by Assessing Officer; Assessing Officer is duty bound to allow deduction to assessee if assessee is eligible for such deduction under provisions of Act.\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54 : Capital gains-Profit on sale of property used for residence\u2013 Due to ignorance the deduction is claimed u\/s. 54F instead S.54\u2013 Exemption cannot be denied.[S. 54F]<\/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-7022","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Pg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7022","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=7022"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7022\/revisions"}],"predecessor-version":[{"id":7023,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7022\/revisions\/7023"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}