https://www.taxtmi.com/caselaws?id=267682 The Tribunal dismissed the Revenue's appeal, upholding the decision to allow the claim of the assessee under section 54EC. The Tribunal relied on the judicial precedent set by the jurisdictional High Court, emphasizing the availability of deduction under section 54EC on capital gains computed under section 50. This decision underscores the significance of judicial principles and binding precedents in tax matters, ensuring consistency and adherence to established legal interpretations. en-us Wed, 14 Oct 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267682 The Tribunal dismissed the Revenue's appeal, upholding the decision to allow the claim of the assessee under section 54EC. The Tribunal relied on the judicial precedent set by the jurisdictional High Court, emphasizing the availability of deduction under section 54EC on capital gains computed under section 50. This decision underscores the significance of judicial principles and binding precedents in tax matters, ensuring consistency and adherence to established legal interpretations. Case-Laws Income Tax Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267682