https://www.taxtmi.com/caselaws?id=268627 The Tribunal dismissed the revenue's appeal challenging the condonation of delay in filing the appeal, emphasizing the circumstances presented by the assessee. Regarding the deduction under Section 54, the ld CIT(A) allowed the deduction for investing in multiple flats in the name of the wife, emphasizing that the investment was in another residential house. The Tribunal directed the Assessing Officer to reevaluate the case, stressing the importance of proper evidence and adherence to legal procedures in claiming deductions under the Income Tax Act. en-us Fri, 09 Oct 2015 00:00:00 +0530 Mon, 30 Nov 2015 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268627 The Tribunal dismissed the revenue's appeal challenging the condonation of delay in filing the appeal, emphasizing the circumstances presented by the assessee. Regarding the deduction under Section 54, the ld CIT(A) allowed the deduction for investing in multiple flats in the name of the wife, emphasizing that the investment was in another residential house. The Tribunal directed the Assessing Officer to reevaluate the case, stressing the importance of proper evidence and adherence to legal procedures in claiming deductions under the Income Tax Act. Case-Laws Income Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268627