https://www.taxtmi.com/caselaws?id=271802 The Tribunal allowed the appeal of the assessee, granting exemption under Section 54 for the investment in the new residential house and the cost of construction and renovation expenses. The Tribunal emphasized a pragmatic approach to the incentive-granting provision, especially considering the factual circumstances and binding precedents. en-us Tue, 24 Nov 2015 00:00:00 +0530 Thu, 18 Feb 2016 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271802 The Tribunal allowed the appeal of the assessee, granting exemption under Section 54 for the investment in the new residential house and the cost of construction and renovation expenses. The Tribunal emphasized a pragmatic approach to the incentive-granting provision, especially considering the factual circumstances and binding precedents. Case-Laws Income Tax Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271802