ITAT Denies Section 54 Exemption Claim Made During Reassessment, Upholds LTCG Addition:
The Tribunal upheld the addition of Rs 8.5 lakh as long-term capital gains after rejecting a Section 54 claim raised during reassessment proceedings.
ITAT Upholds Tax on Rs 8.5 Lakh Capital Gains
Vanshika verma
Jul 12, 2026
Premium
ITAT Denies Section 54 Exemption Claim Made During Reassessment, Upholds LTCG Addition
The Tribunal upheld the addition of Rs 8.5 lakh as long-term capital gains after rejecting a Section 54 claim raised during reassessment proceedings.
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Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
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