https://www.taxtmi.com/caselaws?id=173153 The Appellate Tribunal ITAT Kolkata partly allowed the appeal of the assessee in a case concerning the deduction of interest, classification of capital gains, and the applicability of Section 50. The tribunal directed the authorities to consider the retrospective effect of an amendment to Section 32(i) and accepted the assessee's claim for deduction under Section 54EC. The order of the CIT(A) was set aside, and the Assessing Officer was directed to accept the claim as returned by the assessee. en-us Tue, 21 May 2013 00:00:00 +0530 Wed, 09 Sep 2015 15:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173153 The Appellate Tribunal ITAT Kolkata partly allowed the appeal of the assessee in a case concerning the deduction of interest, classification of capital gains, and the applicability of Section 50. The tribunal directed the authorities to consider the retrospective effect of an amendment to Section 32(i) and accepted the assessee's claim for deduction under Section 54EC. The order of the CIT(A) was set aside, and the Assessing Officer was directed to accept the claim as returned by the assessee. Case-Laws Income Tax Tue, 21 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173153