https://www.taxtmi.com/caselaws?id=331894 The court concluded that the petitioner was entitled to the benefit of exemption under Section 54F for the investment in multiple flats. The reasons for reopening the assessment were deemed unsustainable. The Writ Petition was allowed, and the impugned proceedings were quashed, with no costs awarded. Consequently, connected Miscellaneous Petitions were also closed. en-us Mon, 29 Aug 2016 00:00:00 +0530 Mon, 05 Sep 2016 12:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331894 The court concluded that the petitioner was entitled to the benefit of exemption under Section 54F for the investment in multiple flats. The reasons for reopening the assessment were deemed unsustainable. The Writ Petition was allowed, and the impugned proceedings were quashed, with no costs awarded. Consequently, connected Miscellaneous Petitions were also closed. Case-Laws Income Tax Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331894