https://www.taxtmi.com/caselaws?id=71082 The ITAT Patna ruled in favor of the assessee, overturning the CIT (A)'s decision and granting relief under the IT Act. The ITAT established that the date of transfer was when possession was taken over, not when the award was given, determining the entitlement to relief under s. 54B(1). Additionally, the ITAT accepted the evidence presented by the assessee, including affidavits and a certificate, proving continuous agricultural use of the land for two years preceding the transfer, criticizing the Department for discriminatory treatment and highlighting similar favorable treatment to the assessee's brother. en-us Thu, 09 Aug 1984 00:00:00 +0530 Thu, 21 Apr 2011 12:08:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71082 The ITAT Patna ruled in favor of the assessee, overturning the CIT (A)'s decision and granting relief under the IT Act. The ITAT established that the date of transfer was when possession was taken over, not when the award was given, determining the entitlement to relief under s. 54B(1). Additionally, the ITAT accepted the evidence presented by the assessee, including affidavits and a certificate, proving continuous agricultural use of the land for two years preceding the transfer, criticizing the Department for discriminatory treatment and highlighting similar favorable treatment to the assessee's brother. Case-Laws Income Tax Thu, 09 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71082