https://www.taxtmi.com/caselaws?id=177705 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify if the land was leasehold and if only leasehold rights were transferred. The Tribunal also instructed further investigation into the availability of REC Bonds during the prescribed period for exemption u/s. 54EC. Both issues were remanded to the AO for detailed examination, emphasizing the importance of fair assessment and adherence to legal provisions in tax matters. en-us Wed, 24 Jul 2013 00:00:00 +0530 Tue, 28 Feb 2017 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177705 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify if the land was leasehold and if only leasehold rights were transferred. The Tribunal also instructed further investigation into the availability of REC Bonds during the prescribed period for exemption u/s. 54EC. Both issues were remanded to the AO for detailed examination, emphasizing the importance of fair assessment and adherence to legal provisions in tax matters. Case-Laws Income Tax Wed, 24 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177705