https://www.taxtmi.com/caselaws?id=257550 The Tribunal upheld the CIT(A)'s decision to disallow the assessee's claim for exemption under Section 54F of the Income Tax Act, amounting to Rs. 88,98,970. The Tribunal emphasized that the investment should be in the assessee's name and within the specified time frame to qualify for exemption. Additionally, the Tribunal confirmed the addition of Rs. 9,26,284 for income accrued on investments not offered to tax, as the assessee did not contest this during the appellate proceedings. en-us Fri, 13 Feb 2015 00:00:00 +0530 Fri, 27 Feb 2015 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257550 The Tribunal upheld the CIT(A)'s decision to disallow the assessee's claim for exemption under Section 54F of the Income Tax Act, amounting to Rs. 88,98,970. The Tribunal emphasized that the investment should be in the assessee's name and within the specified time frame to qualify for exemption. Additionally, the Tribunal confirmed the addition of Rs. 9,26,284 for income accrued on investments not offered to tax, as the assessee did not contest this during the appellate proceedings. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257550