https://www.taxtmi.com/caselaws?id=272240 The appeal was filed with a delay of 333 days, attributed to pursuing proceedings before the Central Administrative Tribunal and dealing with a family illness. The delay was condoned, and the appeal was admitted. The Tribunal allowed the claim under Section 54 of the IT Act, 1961, as the assessee demonstrated a clear intention to invest in a residential house, satisfying the conditions under Section 54. The non-consideration of the cost of acquisition claimed by the assessee became academic. The appeal was treated as allowed, with the disallowance under Section 54 deleted by the Tribunal. en-us Fri, 19 Feb 2016 00:00:00 +0530 Wed, 02 Mar 2016 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272240 The appeal was filed with a delay of 333 days, attributed to pursuing proceedings before the Central Administrative Tribunal and dealing with a family illness. The delay was condoned, and the appeal was admitted. The Tribunal allowed the claim under Section 54 of the IT Act, 1961, as the assessee demonstrated a clear intention to invest in a residential house, satisfying the conditions under Section 54. The non-consideration of the cost of acquisition claimed by the assessee became academic. The appeal was treated as allowed, with the disallowance under Section 54 deleted by the Tribunal. Case-Laws Income Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272240