https://www.taxtmi.com/caselaws?id=239337 The Tribunal found that the assessee's investment in the new residential house, ongoing at the time of sale of the original asset and completed within the stipulated period, qualified for deduction under Section 54F of the Income-tax Act. Emphasizing a liberal construction of the provision to encourage residential investments, the Tribunal directed the Assessing Officer to determine the deduction based on post-sale investments. The appeal was partly allowed, requiring the assessee to provide investment details for assessment. en-us Fri, 22 Feb 2013 00:00:00 +0530 Tue, 12 Nov 2013 06:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239337 The Tribunal found that the assessee's investment in the new residential house, ongoing at the time of sale of the original asset and completed within the stipulated period, qualified for deduction under Section 54F of the Income-tax Act. Emphasizing a liberal construction of the provision to encourage residential investments, the Tribunal directed the Assessing Officer to determine the deduction based on post-sale investments. The appeal was partly allowed, requiring the assessee to provide investment details for assessment. Case-Laws Income Tax Fri, 22 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239337