https://www.taxtmi.com/caselaws?id=179581 The Tribunal partly allowed the assessee's appeal, directing the AO to grant the deduction under section 54F and to re-determine the exemption and interest accordingly. The validity of the assessment order and the additional ground not pressed were rejected. The Tribunal held that the assessee is entitled to exemption under section 54F, emphasizing that the provision defining the cost of the new asset should be extended for all purposes under the head 'capital gain' unless there is a contrary provision. en-us Fri, 31 May 2002 00:00:00 +0530 Fri, 04 Mar 2016 16:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179581 The Tribunal partly allowed the assessee's appeal, directing the AO to grant the deduction under section 54F and to re-determine the exemption and interest accordingly. The validity of the assessment order and the additional ground not pressed were rejected. The Tribunal held that the assessee is entitled to exemption under section 54F, emphasizing that the provision defining the cost of the new asset should be extended for all purposes under the head 'capital gain' unless there is a contrary provision. Case-Laws Income Tax Fri, 31 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179581