https://www.taxtmi.com/caselaws?id=266771 The tribunal partially allowed the appeal, upholding the reopening of assessment within the limitation period. The appellant was granted exemption under Section 54F as the new asset was purchased within the stipulated period, following judicial precedents. The tribunal directed the Assessing Officer to recompute the assessed income accordingly. en-us Thu, 10 Sep 2015 00:00:00 +0530 Fri, 23 Oct 2015 21:42:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266771 The tribunal partially allowed the appeal, upholding the reopening of assessment within the limitation period. The appellant was granted exemption under Section 54F as the new asset was purchased within the stipulated period, following judicial precedents. The tribunal directed the Assessing Officer to recompute the assessed income accordingly. Case-Laws Income Tax Thu, 10 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266771