https://www.taxtmi.com/forum/issue?id=110486 Whether capital gains from sale of an industrial shed are exempt where the assessee reinvests proceeds via a partnership in which he is a partner is contested. The AO disallowed exemption asserting reinvestment must be under the same PAN, while the taxpayer points to the statutory use of the term utilized and contends that reinvestment through the partnership, coupled with business relocation, should qualify. en-us Thu, 09 Jun 2016 10:06:50 +0530 Thu, 23 Jan 2025 15:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110486 Whether capital gains from sale of an industrial shed are exempt where the assessee reinvests proceeds via a partnership in which he is a partner is contested. The AO disallowed exemption asserting reinvestment must be under the same PAN, while the taxpayer points to the statutory use of the term utilized and contends that reinvestment through the partnership, coupled with business relocation, should qualify. Discussion-Forum Income Tax Thu, 09 Jun 2016 10:06:50 +0530 https://www.taxtmi.com/forum/issue?id=110486