1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Just a moment...
1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Revenue's appeal denied in property sale case under s. 54-E IT Act 1961. Property qualifies for abatement.</h1> The Revenue's appeal against the AAC's decision to grant relief under s. 54-E of the IT Act, 1961 to an individual who sold a property was dismissed by ... - The Revenue appealed against AAC's order granting relief under s. 54-E of the IT Act, 1961 to an individual who sold a property. The property was held for more than 36 months prior to the sale, making the capital gains eligible for abatement. Despite various arguments by the Revenue, the Tribunal confirmed AAC's decision, stating that the property was ready for occupation by November, 1975. The appeal was dismissed. (Case: Appellate Tribunal ITAT MADRAS-D, Citation: 1989 (10) TMI 109 - ITAT MADRAS-D)