https://www.taxtmi.com/caselaws?id=185924 The Tribunal allowed the appeal partially, directing the AO to grant the exemption under section 54F of the Act. The Tribunal held that the assessee had complied with the conditions by investing the entire net consideration within the stipulated period and substantially completing the construction. The Tribunal dismissed the ground related to charging of interest under sections 234B and 234C, stating it is mandatory and consequential in nature. en-us Fri, 21 Jan 2011 00:00:00 +0530 Fri, 02 Sep 2016 18:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185924 The Tribunal allowed the appeal partially, directing the AO to grant the exemption under section 54F of the Act. The Tribunal held that the assessee had complied with the conditions by investing the entire net consideration within the stipulated period and substantially completing the construction. The Tribunal dismissed the ground related to charging of interest under sections 234B and 234C, stating it is mandatory and consequential in nature. Case-Laws Income Tax Fri, 21 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185924