https://www.taxtmi.com/caselaws?id=254177 The Tribunal partly allowed the appeal, holding that the assessee is entitled to a deduction of Rs. 1 crore under Section 54EC as investments were made in two different financial years within the stipulated period. However, the addition of Rs. 5,00,000 on account of outstanding sundry creditors was upheld due to lack of supporting evidence from the assessee. en-us Wed, 10 Dec 2014 00:00:00 +0530 Mon, 15 Dec 2014 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254177 The Tribunal partly allowed the appeal, holding that the assessee is entitled to a deduction of Rs. 1 crore under Section 54EC as investments were made in two different financial years within the stipulated period. However, the addition of Rs. 5,00,000 on account of outstanding sundry creditors was upheld due to lack of supporting evidence from the assessee. Case-Laws Income Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254177