https://www.taxtmi.com/caselaws?id=265807 The Tribunal partly allowed the Revenue's appeal, upholding the reduction of sale consideration and disallowing the expenditure towards tenant settlements due to lack of evidence. However, the Tribunal rejected the Revenue's argument limiting the exemption under Section 54 to one residential house, allowing the benefit for both flats purchased by the assessee. en-us Tue, 08 Sep 2015 00:00:00 +0530 Thu, 15 Oct 2015 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265807 The Tribunal partly allowed the Revenue's appeal, upholding the reduction of sale consideration and disallowing the expenditure towards tenant settlements due to lack of evidence. However, the Tribunal rejected the Revenue's argument limiting the exemption under Section 54 to one residential house, allowing the benefit for both flats purchased by the assessee. Case-Laws Income Tax Tue, 08 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265807