https://www.taxtmi.com/caselaws?id=179615 The Appellate Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision and remanded the case to the Assessing Officer for further examination. The Tribunal concluded that the time limit for making investments could extend to 31.03.2007 and emphasized that possession should not solely determine eligibility for deduction under Section 54F. However, discrepancies in factual aspects necessitated further verification, prompting the Tribunal to direct the AO to re-examine the matter and permit the assessee to provide additional documentation or explanations. en-us Fri, 07 Dec 2012 00:00:00 +0530 Mon, 16 Apr 2018 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179615 The Appellate Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision and remanded the case to the Assessing Officer for further examination. The Tribunal concluded that the time limit for making investments could extend to 31.03.2007 and emphasized that possession should not solely determine eligibility for deduction under Section 54F. However, discrepancies in factual aspects necessitated further verification, prompting the Tribunal to direct the AO to re-examine the matter and permit the assessee to provide additional documentation or explanations. Case-Laws Income Tax Fri, 07 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179615