https://www.taxtmi.com/caselaws?id=205123 The Tribunal allowed the appeals partly, holding that both assessees were entitled to claim deduction under s. 54F of the IT Act. The issue of s. 50C assessment was dismissed as academic due to lack of adjudication by the CIT(A). The Tribunal found that the assessees complied with the statutory provisions, investing the sale proceeds in the new property within the prescribed timeline, and fulfilled the conditions of s. 54F. en-us Thu, 14 Oct 2010 00:00:00 +0530 Tue, 28 May 2013 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205123 The Tribunal allowed the appeals partly, holding that both assessees were entitled to claim deduction under s. 54F of the IT Act. The issue of s. 50C assessment was dismissed as academic due to lack of adjudication by the CIT(A). The Tribunal found that the assessees complied with the statutory provisions, investing the sale proceeds in the new property within the prescribed timeline, and fulfilled the conditions of s. 54F. Case-Laws Income Tax Thu, 14 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205123