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of The ITAT upheld the CIT(A)'s decision granting the assessee exemption under section 54B on long-term capital gains arising from the sale of residential land classified as agricultural land, evidenced by its use for crop cultivation for over two years prior to transfer. The tribunal accepted the English translation of the original regional language document as accurate. The assessee's reinvestment of the sale proceeds into agricultural land qualified for section 54B relief. Consequently, the appeal filed by the revenue was dismissed for lack of merit, confirming the assessee's entitlement to the exemption under section 54B in respect of capital gains under section 45.
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