https://www.taxtmi.com/caselaws?id=326408 The Tribunal allowed the appeal of the assessee, ruling that the assessee is eligible for the claimed exemption under Section 54F of the Income-tax Act. The Tribunal held that the assessee's investment in multiple residential units, joint ownership of the new residential property, and pre-existing ownership of an inherited residential property did not disqualify her from claiming the exemption. The Tribunal directed the Assessing Officer to allow the exemption, setting aside the orders of the lower authorities. en-us Fri, 01 Apr 2016 00:00:00 +0530 Thu, 14 Apr 2016 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326408 The Tribunal allowed the appeal of the assessee, ruling that the assessee is eligible for the claimed exemption under Section 54F of the Income-tax Act. The Tribunal held that the assessee's investment in multiple residential units, joint ownership of the new residential property, and pre-existing ownership of an inherited residential property did not disqualify her from claiming the exemption. The Tribunal directed the Assessing Officer to allow the exemption, setting aside the orders of the lower authorities. Case-Laws Income Tax Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326408