https://www.taxtmi.com/caselaws?id=216552 The Tribunal allowed the appeal filed by the assessee, overturning the decision of the revenue authorities to disallow the claim for exemption under section 54F of the IT Act. The Tribunal found that the property purchased by the assessee, including a 4 square built-up residential house, met the requirements for habitation, as evidenced by assessments and utility connections. Emphasizing the lack of contradictory evidence, the Tribunal granted the exemption, ruling in favor of the assessee. en-us Fri, 29 Jun 2012 00:00:00 +0530 Thu, 07 Apr 2016 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216552 The Tribunal allowed the appeal filed by the assessee, overturning the decision of the revenue authorities to disallow the claim for exemption under section 54F of the IT Act. The Tribunal found that the property purchased by the assessee, including a 4 square built-up residential house, met the requirements for habitation, as evidenced by assessments and utility connections. Emphasizing the lack of contradictory evidence, the Tribunal granted the exemption, ruling in favor of the assessee. Case-Laws Income Tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216552