https://www.taxtmi.com/caselaws?id=254543 The Tribunal dismissed the challenge to the assessment order issued in the name of a deceased assessee as an irregularity. However, it ruled in favor of the assessees regarding the denial of exemption under Section 54EC for investments made in REC Bonds before the property transfer date. The Tribunal directed the Assessing Officer to allow the deduction under Section 54EC for all the assessees, resulting in the partial success of the appeals filed by the assessees. en-us Fri, 19 Sep 2014 00:00:00 +0530 Thu, 25 Dec 2014 10:39:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254543 The Tribunal dismissed the challenge to the assessment order issued in the name of a deceased assessee as an irregularity. However, it ruled in favor of the assessees regarding the denial of exemption under Section 54EC for investments made in REC Bonds before the property transfer date. The Tribunal directed the Assessing Officer to allow the deduction under Section 54EC for all the assessees, resulting in the partial success of the appeals filed by the assessees. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254543