Top Tweets for #Section54F
Can you buy a house from your spouse and still claim #Section54F?
Yes - a related-party transaction does not automatically become a tax-avoidance arrangement.
A recent #MumbailTAT ruling in #NehaKaranMotwani highlights an important distinction between legitimate tax planning and a colourable device.
Here's what happened:
The taxpayer earned substantial #LTCG from the sale of unlisted shares.
She purchased a residential property from her husband.
She claimed exemption under #Section54F.
The Revenue challenged the transaction, alleging that it was structured primarily to obtain a tax benefit.
But the Tribunal did not stop at one question:
"Are the parties related?"
It looked at the more important question:
"Is the transaction genuine?"
And that distinction matters.
What can we learn from this?
#Section54F does not specifically prohibit purchasing a property from a spouse.
A tax-saving outcome does not, by itself, make a transaction a colourable device.
Documentation, registration, consideration and the overall transaction trail matter.
The #substance and #surrounding circumstances of the transaction are critical.
Follow the Tax Talk with CA Nitin Chawla A.C.C.A channel on WhatsApp: 👇 https://t.co/7KtKmuv6rW
#IncomeTax #Section54F #TaxPlanning #CapitalGains
#LTCG #ITAT #DirectTax #TaxCompliance #Finance
Wife paid husband Rs 7.5 crore after selling her shares and bought his Mumbai property, filed ITR claiming 54F tax exemption, got notice; she fought and won in #ITAT Mumbai
#ITR #incometaxreturn #Section54F #taxexemption #LegalNews
https://t.co/SKySqRUMiP
27 કરોડની કમાણી કરી આલીશાન બંગલો બનાવ્યો છતાં ન ભરવો પડ્યો એક પણ રૂપિયો ઇનકમ ટેક્સ, જાણો ITAT નો ઐતિહાસિક ચુકાદો
#IncomeTax #ITAT #Section54F #CapitalGains #TaxExemption #StockMarket #ShareMarket #PersonalFinance #TaxSaving #Investment #FinanceNews #WealthManagement #RealEstate
https://t.co/4ezz0k0EEQ
Turn long-term capital gains from gold or stocks into tax-free wealth! Safely save up to ₹10 crore under Section 54F.
#TaxSaving #CapitalGains #Section54F #FinanceTips #WealthManagement
ITAT Mumbai allows Sec 54F deduction: 6 flats treated as one residential unit (triplex). PCIT’s Sec 263 revision quashed as AO took a plausible view after proper inquiry. Judicial consistency upheld. #IncomeTax #Section54F
https://t.co/R7xmGD3O6Z
Gold Selling Rules 2026: सोना बेचने से पहले जान लें ये 3 नियम! | Bharat Express
#GoldSelling #IncomeTaxIndia #PersonalFinance #GoldTax #FinancialFreedom #InvestmentTips #TaxSaving #ShortsIndia #MoneyManagement #Section54F #BusinessNews #BharatExpress
Most people build wealth through mutual funds…
but lose a shocking amount of it at the tax stage ☠️
One powerful rule almost no one understands properly is Section 54F —
designed to convert LTCG into a home with major tax savings. 🧵👇🏼
#Section54F #LTCG #MutualFunds
ITAT Ahmedabad Ruling: Mere computation error isn’t misreporting.
Penalty u/s 270A(9) for excess 54F claim deleted as all facts were disclosed. Delay of 338 days condoned; appeal allowed. #ITAT #IncomeTax #Section54F #TaxPenalty
Link: https://t.co/9A80ur8pyR
ITAT Chennai rules Section 54F covers full residential property, including land bought earlier. ₹97L spent removing encroachers allowed as cost of improvement. Revenue’s appeal dismissed; assessee’s exemptions fully upheld. #IncomeTax #LTCG #Section54F https://t.co/TMotcpsisk
Here's a closer look at Section 54F, the legal tax strategy letting Indians cut capital gains tax by reinvesting sale proceeds into residential property.
#Section54F #Tax #Finance #Property | @actually_amit
https://t.co/YG7cay67cb
A big win for homebuyers
ITAT says substance over procedure Section 54F exemption stays valid even if gains weren’t put in CGAS, provided the money goes into a new house on time.
#incometax #CapitalGains #Section54F #Homebuyers #taxrelief #ITAT #TaxUpdate #IndiaTax
#बड़ीखबर! पटना की सीमा एस. ने 4.5 करोड़ में जमीन बेची और LTCG टैक्स से बचीं! कैसे? 1955 के CBDT सर्कुलर और पुराने केस लॉ ने बचाया! आइए जानें पूरा मामला। #IncomeTax #Section54F #ITAT
#IncomeTax #CaseLaw
Case Name: Mahadev Dasu Jadhav v. Income Tax Officer, Latur
Citation: [2025] 173 https://t.co/rGulExPfRr 127 (Pune-Trib.)
Read the (Pune) Tribunal Order: https://t.co/X0CNYKrSmm
#TaxmannUpdates #Section54F #ITAT #Construction
![taxmannindia's tweet photo. #IncomeTax #CaseLaw
Case Name: Mahadev Dasu Jadhav v. Income Tax Officer, Latur
Citation: [2025] 173 https://t.co/rGulExPfRr 127 (Pune-Trib.)
Read the (Pune) Tribunal Order: https://t.co/X0CNYKrSmm
#TaxmannUpdates #Section54F #ITAT #Construction](https://pbs.twimg.com/media/GoErnoEWMAAwiuN.jpg)
Wondering how to optimize your capital gains and minimize tax liability?
Today we dive into the world of Section 54F and unlock the potential benefits! (1/n)
#Taxliability #section54f #capitalgains #Thread
#TaxGuru | कैसे करें अंडर कंस्ट्रक्शन प्रॉपर्टी के लोन इंटरेस्ट को टैक्स छूट क्लेम ?
▶️कितनी बार उठा सकते हैं सेक्शन 54 F का फायदा ?
@RoyLakshman #rent #Tax #Property #sharadkohli #Section54F
#IncomeTax #CaseLaw
Case Name: Assistant Commissioner of Income-tax, Circle 6(1) v. Iqbal Ali Khan
Citation: [2024] 158 https://t.co/rGulExPNGZ 377 (Hyderabad-Trib.)
Read the (Hyderabad) Tribunal Order: https://t.co/esOlKKw51z
#TaxmannUpdates #Section54F #Property #ITAT
![taxmannindia's tweet photo. #IncomeTax #CaseLaw
Case Name: Assistant Commissioner of Income-tax, Circle 6(1) v. Iqbal Ali Khan
Citation: [2024] 158 https://t.co/rGulExPNGZ 377 (Hyderabad-Trib.)
Read the (Hyderabad) Tribunal Order: https://t.co/esOlKKw51z
#TaxmannUpdates #Section54F #Property #ITAT](https://pbs.twimg.com/media/GECItOnaMAAowrM.jpg)
ITAT Allows section 54 Deduction for property registered in spouse’s nam... https://t.co/e22X1SNzoL via @YouTube
#SimranBaggaVsACIT #legalsupport #taxes #FinanceNews #financedaily #ITATDelhiRuling #TaxpayerRights #Section54F #IncomeTaxDeductions
#IT #SECTION54F
If you want to save tax on LTCG then reinvest in either buying or constructing residential properties.
Get Ready for Tax Savings! Unleash the Power of Section 54F 🏡✨
🏠💰 Looking to save big on your residential property sale?
Discover the power of Section 54F in the Income Tax Act India 🇮🇳
A short thread🧵⬇️
#section54F
https://t.co/jlKt2saQkj #incometax #Itat #tax #taxation #TaxLaws #taxlaw #taxnews #capitalgains #section54F #capitalgainexemption
Payment made by family member for purchase of new property no bar in claiming exemption u/s 54F. No one to one co-relation is essential - ITAT
Most Popular Users
Elon Musk 
@elonmusk
241.7M followers
Barack Obama
@barackobama
119M followers
Cristiano Ronaldo
@cristiano
114.4M followers
Donald J. Trump
@realdonaldtrump
111.9M followers
Narendra Modi
@narendramodi
107.2M followers
Rihanna
@rihanna
98.7M followers
NASA
@nasa
92.4M followers
Justin Bieber
@justinbieber
91.8M followers
KATY PERRY
@katyperry
90M followers
Taylor Swift
@taylorswift13
83.9M followers
Lady Gaga
@ladygaga
75.4M followers
Virat Kohli
@imvkohli
73.3M followers
Kim Kardashian
@kimkardashian
70.9M followers
YouTube
@youtube
68.8M followers
Neymar Jr
@neymarjr
66.4M followers
Bill Gates
@billgates
65.2M followers
Selena Gomez
@selenagomez
63M followers
The Ellen Show
@theellenshow
62.3M followers
CNN
@cnn
61.8M followers
X
@x
60.7M followers