https://www.taxtmi.com/caselaws?id=170246 The Tribunal partially allowed the appeal, remanding the issue to the Assessing Officer for fresh consideration. The assessee was granted the opportunity to provide further evidence supporting their claim for exemption under section 54/54F of the Income Tax Act. The Tribunal emphasized the commencement of construction within the stipulated period and the need for procedural compliance in reassessment proceedings initiated under section 148. The judgment was pronounced on September 12, 2014. en-us Fri, 12 Sep 2014 00:00:00 +0530 Mon, 23 Feb 2015 12:57:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170246 The Tribunal partially allowed the appeal, remanding the issue to the Assessing Officer for fresh consideration. The assessee was granted the opportunity to provide further evidence supporting their claim for exemption under section 54/54F of the Income Tax Act. The Tribunal emphasized the commencement of construction within the stipulated period and the need for procedural compliance in reassessment proceedings initiated under section 148. The judgment was pronounced on September 12, 2014. Case-Laws Income Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170246