https://www.taxtmi.com/caselaws?id=210935 The Tribunal allowed the assessees' appeals, directing the AO to grant exemption under Section 54EC for investments made within six months from the actual receipt of the sale consideration. The decision emphasized a reasonable interpretation of the statute to ensure assessees could benefit from exemption provisions as intended by the legislature. en-us Tue, 21 Feb 2012 00:00:00 +0530 Thu, 23 May 2013 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210935 The Tribunal allowed the assessees' appeals, directing the AO to grant exemption under Section 54EC for investments made within six months from the actual receipt of the sale consideration. The decision emphasized a reasonable interpretation of the statute to ensure assessees could benefit from exemption provisions as intended by the legislature. Case-Laws Income Tax Tue, 21 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210935