https://www.taxtmi.com/caselaws?id=270772 The tribunal partly allowed the appeal by the assessee, directing the deletion of the disallowance of Rs. 4,112 on income from house property. However, the denial of the cost of improvement and the deduction under section 54 for long-term capital gains was upheld. The tribunal found that the primary condition for the deduction under section 54 was not satisfied as the new residential house was not completed within the specified period. en-us Mon, 29 Jun 2015 00:00:00 +0530 Fri, 15 Jan 2016 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270772 The tribunal partly allowed the appeal by the assessee, directing the deletion of the disallowance of Rs. 4,112 on income from house property. However, the denial of the cost of improvement and the deduction under section 54 for long-term capital gains was upheld. The tribunal found that the primary condition for the deduction under section 54 was not satisfied as the new residential house was not completed within the specified period. Case-Laws Income Tax Mon, 29 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270772