https://www.taxtmi.com/caselaws?id=333069 The Tribunal allowed the assessee's appeal, granting an exemption of Rs. 1 crore under Section 54EC for the assessment year 2009-10. The Tribunal held that the investments made in two different financial years were permissible, entitling the assessee to the higher exemption amount. The Assessing Officer was directed to allow the exemption of Rs. 1 crore, overturning the decisions of the lower authorities. en-us Wed, 24 Aug 2016 00:00:00 +0530 Tue, 04 Oct 2016 13:28:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333069 The Tribunal allowed the assessee's appeal, granting an exemption of Rs. 1 crore under Section 54EC for the assessment year 2009-10. The Tribunal held that the investments made in two different financial years were permissible, entitling the assessee to the higher exemption amount. The Assessing Officer was directed to allow the exemption of Rs. 1 crore, overturning the decisions of the lower authorities. Case-Laws Income Tax Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333069