https://www.taxtmi.com/caselaws?id=263882 The Tribunal allowed the assessee's claim for deduction under Section 54F of the Income-tax Act, permitting the entire investment of Rs. 54,70,887 in a habitable residential house to be eligible for exemption. The Tribunal overturned the CIT(A)'s order and ruled in favor of the assessee, emphasizing the factual investment in the residential property. The judgment was pronounced on August 26, 2015, with the appeal by the assessee being allowed. en-us Wed, 26 Aug 2015 00:00:00 +0530 Sat, 12 Sep 2015 07:42:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263882 The Tribunal allowed the assessee's claim for deduction under Section 54F of the Income-tax Act, permitting the entire investment of Rs. 54,70,887 in a habitable residential house to be eligible for exemption. The Tribunal overturned the CIT(A)'s order and ruled in favor of the assessee, emphasizing the factual investment in the residential property. The judgment was pronounced on August 26, 2015, with the appeal by the assessee being allowed. Case-Laws Income Tax Wed, 26 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263882