https://www.taxtmi.com/caselaws?id=246033 The Tribunal allowed the appeal of the revenue and the cross objection of the assessee for statistical purposes. It emphasized the necessity of completing the purchase transaction within the specified timeframe to claim the exemption under section 54B of the Income Tax Act. The assessing officer was directed to determine the actual purchase date to decide on the exemption u/s 54B. en-us Fri, 25 Oct 2013 00:00:00 +0530 Tue, 15 Apr 2014 09:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246033 The Tribunal allowed the appeal of the revenue and the cross objection of the assessee for statistical purposes. It emphasized the necessity of completing the purchase transaction within the specified timeframe to claim the exemption under section 54B of the Income Tax Act. The assessing officer was directed to determine the actual purchase date to decide on the exemption u/s 54B. Case-Laws Income Tax Fri, 25 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246033