Just a moment...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws---- ❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    May 20, 2026   Case Laws GST
    Advance ruling jurisdiction is limited to applicant's own supplies, and prior adjudication barred reconsideration of related taxability issues.
    May 20, 2026   Case Laws Income Tax
    Commercial expediency in group funding supports interest deduction and limits corporate guarantee fee attribution.
    May 20, 2026   Case Laws Income Tax
    Special search assessment overrides reassessment where reopening is based solely on third-party search material and no satisfaction note exists
    May 20, 2026   Case Laws Income Tax
    Borrowed satisfaction and invalid scrutiny notice made the reassessment unsustainable and the assessment order was quashed.
    May 20, 2026   Case Laws Income Tax
    Penalty under section 270A requires the exact limb of under-reporting or misreporting to be specified in the notice and order.
    May 20, 2026   Case Laws Income Tax
    Charitable status for a statutory port board upheld; surplus and user charges did not destroy exemption under general public utility.
    May 20, 2026   Case Laws Income Tax
    Third-party search material cannot sustain penalty without corroboration; ITAT deleted misreporting penalties based on disputed electronic records.
    May 20, 2026   Case Laws Income Tax
    Reassessment invalid for want of proper sanction and a genuine reason to believe; delayed cross-objections were not admitted.
    May 20, 2026   Case Laws Income Tax
    Identity, creditworthiness and telescoping upheld as loan additions fall and only reduced interest disallowance survives.
    May 20, 2026   Case Laws Income Tax
    Gratuity, tax deduction and MAT adjustments: Tribunal applies section 40(a)(ia), Ind AS transition rules and book-profit limits.
    May 20, 2026   Case Laws Income Tax
    Explained NRE remittances defeat unexplained investment additions where foreign income and savings are duly evidenced.
    May 20, 2026   Case Laws Income Tax
    Depreciation and routine compliance expenses disallowance did not prove inaccurate particulars or misreporting; penalty sustained only on foreign trav...
    May 20, 2026   Case Laws Customs
    Section 138B compliance and proof of knowledge are essential before penalty for dealing with confiscable goods can stand.
    May 20, 2026   Case Laws Customs
    SEZ supply duty levy fails where statutory scheme excludes customs duty, with consequential interest and penalties also set aside.
    May 20, 2026   Case Laws Customs
    Refund of EDD in SVB matters cannot await finalisation of unrelated assessment issues; delayed refund attracts statutory interest.
    May 20, 2026   Case Laws Customs
    Confiscation and IPR infringement in customs: non-infringing goods released, counterfeit goods absolutely confiscated, penalty reduced.
    May 20, 2026   Case Laws Customs
    Mixed iron ore consignments must be classified as a whole, while declared export values govern final self-assessment.
    May 20, 2026   Case Laws Customs
    Customs Broker due diligence upheld where valid GST registration existed on export date, restoring the licence.
    May 20, 2026   Case Laws IBC
    Finality of rehabilitation orders bars reopened tax exemption claims where the State expressly refused consent to the concession clause.
    May 20, 2026   Case Laws IBC
    Cash collateral adjustment does not erase default; Section 7 insolvency application restored for fresh consideration.
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
May 20, 2026   Case Laws GST
Advance ruling jurisdiction is limited to applicant's own supplies, and prior adjudication barred reconsideration of related taxability issues.
May 20, 2026   Case Laws Income Tax
Commercial expediency in group funding supports interest deduction and limits corporate guarantee fee attribution.
May 20, 2026   Case Laws Income Tax
Special search assessment overrides reassessment where reopening is based solely on third-party search material and no satisfaction note exists
May 20, 2026   Case Laws Income Tax
Borrowed satisfaction and invalid scrutiny notice made the reassessment unsustainable and the assessment order was quashed.
May 20, 2026   Case Laws Income Tax
Penalty under section 270A requires the exact limb of under-reporting or misreporting to be specified in the notice and order.
May 20, 2026   Case Laws Income Tax
Charitable status for a statutory port board upheld; surplus and user charges did not destroy exemption under general public utility.
May 20, 2026   Case Laws Income Tax
Third-party search material cannot sustain penalty without corroboration; ITAT deleted misreporting penalties based on disputed electronic records.
May 20, 2026   Case Laws Income Tax
Reassessment invalid for want of proper sanction and a genuine reason to believe; delayed cross-objections were not admitted.
May 20, 2026   Case Laws Income Tax
Identity, creditworthiness and telescoping upheld as loan additions fall and only reduced interest disallowance survives.
May 20, 2026   Case Laws Income Tax
Gratuity, tax deduction and MAT adjustments: Tribunal applies section 40(a)(ia), Ind AS transition rules and book-profit limits.
May 20, 2026   Case Laws Income Tax
Explained NRE remittances defeat unexplained investment additions where foreign income and savings are duly evidenced.
May 20, 2026   Case Laws Income Tax
Depreciation and routine compliance expenses disallowance did not prove inaccurate particulars or misreporting; penalty sustained only on foreign travel.
May 20, 2026   Case Laws Customs
Section 138B compliance and proof of knowledge are essential before penalty for dealing with confiscable goods can stand.
May 20, 2026   Case Laws Customs
SEZ supply duty levy fails where statutory scheme excludes customs duty, with consequential interest and penalties also set aside.
May 20, 2026   Case Laws Customs
Refund of EDD in SVB matters cannot await finalisation of unrelated assessment issues; delayed refund attracts statutory interest.
May 20, 2026   Case Laws Customs
Confiscation and IPR infringement in customs: non-infringing goods released, counterfeit goods absolutely confiscated, penalty reduced.
May 20, 2026   Case Laws Customs
Mixed iron ore consignments must be classified as a whole, while declared export values govern final self-assessment.
May 20, 2026   Case Laws Customs
Customs Broker due diligence upheld where valid GST registration existed on export date, restoring the licence.
May 20, 2026   Case Laws IBC
Finality of rehabilitation orders bars reopened tax exemption claims where the State expressly refused consent to the concession clause.
May 20, 2026   Case Laws IBC
Cash collateral adjustment does not erase default; Section 7 insolvency application restored for fresh consideration.

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Home › Highlights › Income Tax › 2019 › December, 2019 › This
Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters
Income Tax

Exemption under Section 54F - whether the property acquired by...

Perpetual Lease Over 12 Years Equals Purchase u/s 54F of Income Tax Act for Tax Exemption.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

Income Tax December 17, 2019 Case Laws AT
Exemption under Section 54F - whether the property acquired by the assessee by means of perpetual lease for unlimited period would amount to purchase? - for all practical purposes, the acquisition of property by perpetual lease exceeding the period of twelve years, has to be construed as purchase within the meaning of Section 54F.
View Source View

Topics

Acts Income Tax
Next ➔