https://www.taxtmi.com/caselaws?id=237136 The Tribunal ruled that the assessee, owning two residential properties, was not eligible for exemption under section 54F. The Tribunal emphasized that joint ownership constituted full ownership for the purpose of the exemption. Citing relevant cases, including Ravinder Kumar Arora vs. ACIT, the Tribunal overturned the CIT(A)'s decision and allowed the Revenue's appeal. en-us Fri, 13 Sep 2013 00:00:00 +0530 Thu, 19 Sep 2013 09:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237136 The Tribunal ruled that the assessee, owning two residential properties, was not eligible for exemption under section 54F. The Tribunal emphasized that joint ownership constituted full ownership for the purpose of the exemption. Citing relevant cases, including Ravinder Kumar Arora vs. ACIT, the Tribunal overturned the CIT(A)'s decision and allowed the Revenue's appeal. Case-Laws Income Tax Fri, 13 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237136