https://www.taxtmi.com/caselaws?id=118544 The Tribunal allowed the appeal by the assessee, deleting the additions of Rs. 1,41,08,484, Rs. 6,61,063, and Rs. 2,00,000, citing lack of evidence and reliance on presumption by the AO. It directed the AO to grant the benefit of section 54E for the flat purchase, acknowledging the genuineness of transactions and supporting documentation. en-us Thu, 15 Dec 2005 00:00:00 +0530 Sat, 06 Apr 2024 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118544 The Tribunal allowed the appeal by the assessee, deleting the additions of Rs. 1,41,08,484, Rs. 6,61,063, and Rs. 2,00,000, citing lack of evidence and reliance on presumption by the AO. It directed the AO to grant the benefit of section 54E for the flat purchase, acknowledging the genuineness of transactions and supporting documentation. Case-Laws Income Tax Thu, 15 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118544