https://www.taxtmi.com/caselaws?id=178965 The Tribunal partly allowed the appeal by upholding the reopening of assessment under sections 147/148 and restricting exemption under section 54 to one residential house. The Tribunal also deleted the enhancement concerning expenditure on the new flat and remanded the valuation issue for reconsideration by the Departmental Valuation Officer. en-us Wed, 16 Jan 2002 00:00:00 +0530 Wed, 17 Feb 2016 10:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178965 The Tribunal partly allowed the appeal by upholding the reopening of assessment under sections 147/148 and restricting exemption under section 54 to one residential house. The Tribunal also deleted the enhancement concerning expenditure on the new flat and remanded the valuation issue for reconsideration by the Departmental Valuation Officer. Case-Laws Income Tax Wed, 16 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178965