capital gains – Page 2 – smeaccountant

A top view of euro banknotes, a miniature architectural model, and a key symbolizing property investment.

Punjab and Haryana High Court Upholds Section 54F Exemption for Jointly Owned Property

Discover how the Punjab and Haryana High Court ruled on Section 54F tax exemptions when capital gains are invested in a jointly owned residential house.

Prasenjit Bhowmik September 5, 2026

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Jodhpur ITAT Rules Penny Stock LTCG Cannot Be Invalidated Without Direct Evidence

In a notable legal development, the Jodhpur bench of the Income Tax Appellate Tribunal (ITAT) has ruled that long-term capital gains (LTCG) from penny stocks cannot be dismissed as bogus…

Prasenjit Bhowmik August 14, 2026

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ITAT Ruling Clarifies Section 54F Relief for Property Acquisitions

ITAT's new ruling offers significant relief for taxpayers, clarifying Section 54F property acquisition timelines even with delayed registration.

Prasenjit Bhowmik May 30, 2026