https://www.taxtmi.com/caselaws?id=211909 The Tribunal held that the appellant is entitled to an exemption of Rs. 1 crore under Section 54EC as the investment period spanned two financial years. Despite the investment in NHAI Bonds being beyond the six-month period, it was deemed eligible for exemption due to the unavailability of the bonds during the prescribed time. Consequently, both appeals were allowed, and the Assessing Officer's disallowance was overturned. en-us Fri, 30 Mar 2012 00:00:00 +0530 Tue, 23 Aug 2016 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211909 The Tribunal held that the appellant is entitled to an exemption of Rs. 1 crore under Section 54EC as the investment period spanned two financial years. Despite the investment in NHAI Bonds being beyond the six-month period, it was deemed eligible for exemption due to the unavailability of the bonds during the prescribed time. Consequently, both appeals were allowed, and the Assessing Officer's disallowance was overturned. Case-Laws Income Tax Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211909