Section 54 Capital Gains Tax Exemption – What Constitutes Date of Transfer?

This article forms Part II of a series on capital gains exemption under Section 54 of the Income-tax Act, 1961, and examines the judicial interpretation of the expression “date of transfer” across varied factual situations. The article adopts a question-and-answer format, supported by relevant judicial pronouncements, to address practical issues arising in determining the relevant date for claiming exemption under Section 54. Website URL: https://taxguru.in/income-tax/section-54-capital-gains-tax-exemption-constitutes-date-transfer.html#google_vignette