https://www.taxtmi.com/caselaws?id=66126 The Tribunal partly allowed the assessee's appeals by permitting deductions for legal expenditures and upholding the 50% deduction under section 48(2)(b)(i)(B). However, the exemption under section 54F for constructing a residential house was denied, and the interest levied under section 234B was upheld. en-us Wed, 30 May 2001 00:00:00 +0530 Mon, 21 Feb 2011 16:52:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66126 The Tribunal partly allowed the assessee's appeals by permitting deductions for legal expenditures and upholding the 50% deduction under section 48(2)(b)(i)(B). However, the exemption under section 54F for constructing a residential house was denied, and the interest levied under section 234B was upheld. Case-Laws Income Tax Wed, 30 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66126