https://www.taxtmi.com/caselaws?id=245394 The Tribunal ruled in favor of the appellant in a case concerning the interpretation of the investment period under Section 54EC of the Income Tax Act. The Tribunal held that the period of six months for investment should be calculated as six calendar months from the end of the month in which the transfer occurred. Consequently, the appellant's investment in NHAI bonds on 17th December 2008 was deemed within the permissible period, allowing for the deduction under Section 54EC. en-us Tue, 25 Mar 2014 00:00:00 +0530 Mon, 23 Mar 2015 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245394 The Tribunal ruled in favor of the appellant in a case concerning the interpretation of the investment period under Section 54EC of the Income Tax Act. The Tribunal held that the period of six months for investment should be calculated as six calendar months from the end of the month in which the transfer occurred. Consequently, the appellant's investment in NHAI bonds on 17th December 2008 was deemed within the permissible period, allowing for the deduction under Section 54EC. Case-Laws Income Tax Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245394