https://www.taxtmi.com/caselaws?id=335802 The Tribunal held that the assessee fulfilled the conditions under Section 54F by investing in a new property within the stipulated time, entitling them to the benefit under the section. The Tribunal emphasized that the source of investment for the new property was not mandated by the statute. Relying on supporting judgments, the Tribunal allowed the assessee's appeal, setting aside the lower authorities' orders and deleting the addition made by the Assessing Officer. en-us Thu, 10 Nov 2016 00:00:00 +0530 Wed, 07 Dec 2016 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335802 The Tribunal held that the assessee fulfilled the conditions under Section 54F by investing in a new property within the stipulated time, entitling them to the benefit under the section. The Tribunal emphasized that the source of investment for the new property was not mandated by the statute. Relying on supporting judgments, the Tribunal allowed the assessee's appeal, setting aside the lower authorities' orders and deleting the addition made by the Assessing Officer. Case-Laws Income Tax Thu, 10 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335802