https://www.taxtmi.com/caselaws?id=333160 The court dismissed the petition challenging the rejection of the petitioner's application for condonation of delay and extension of time under Section 54-F of the Income Tax Act, 1961. The court upheld the Board's decision, emphasizing the petitioner's failure to comply with the conditions specified under Section 119 (2)(c)(ii) and the possibility of constructing a residential house within the required timeframe. The court also noted discrepancies in ownership details but did not grant relief due to non-compliance with deduction conditions. en-us Wed, 28 Sep 2016 00:00:00 +0530 Wed, 05 Oct 2016 14:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333160 The court dismissed the petition challenging the rejection of the petitioner's application for condonation of delay and extension of time under Section 54-F of the Income Tax Act, 1961. The court upheld the Board's decision, emphasizing the petitioner's failure to comply with the conditions specified under Section 119 (2)(c)(ii) and the possibility of constructing a residential house within the required timeframe. The court also noted discrepancies in ownership details but did not grant relief due to non-compliance with deduction conditions. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333160