https://www.taxtmi.com/caselaws?id=247743 The High Court of Calcutta upheld the Tribunal's decision allowing the assessee's claim for capital gains under section 54EC of the Income Tax Act. The appeal was dismissed as the tax effect was below Rs.10 lakhs, in line with CBDT instruction, preventing the Revenue from challenging the Tribunal's order. en-us Mon, 28 Apr 2014 00:00:00 +0530 Wed, 21 May 2014 11:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247743 The High Court of Calcutta upheld the Tribunal's decision allowing the assessee's claim for capital gains under section 54EC of the Income Tax Act. The appeal was dismissed as the tax effect was below Rs.10 lakhs, in line with CBDT instruction, preventing the Revenue from challenging the Tribunal's order. Case-Laws Income Tax Mon, 28 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247743