https://www.taxtmi.com/caselaws?id=235948 The court dismissed the appeal regarding exemption under section 54-F of the Income Tax Act. The assessing authority found the property was held for less than 36 months, disqualifying the assessee. The possession transfer date was crucial, with discrepancies in the presented agreement from 2004. The lack of substantial evidence supporting possession transfer before the sale deed date led to the rejection of the claim. The Tribunal upheld the decision, citing insufficient credible evidence for possession transfer. The appeal was dismissed based on factual findings, without delving into legal questions raised by the appellant. en-us Tue, 23 Jul 2013 00:00:00 +0530 Fri, 31 Jan 2014 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235948 The court dismissed the appeal regarding exemption under section 54-F of the Income Tax Act. The assessing authority found the property was held for less than 36 months, disqualifying the assessee. The possession transfer date was crucial, with discrepancies in the presented agreement from 2004. The lack of substantial evidence supporting possession transfer before the sale deed date led to the rejection of the claim. The Tribunal upheld the decision, citing insufficient credible evidence for possession transfer. The appeal was dismissed based on factual findings, without delving into legal questions raised by the appellant. Case-Laws Income Tax Tue, 23 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235948