https://www.taxtmi.com/caselaws?id=189332 The Tribunal held that the assessee did not fully comply with the conditions of Section 54F of the Income Tax Act as the required investment was not made within one year before the sale of the original asset. Consequently, the Tribunal set aside the CIT(A)'s decision and upheld the Assessing Officer's addition of Rs. 1,30,330 in respect of long-term capital gains. As a result, the appeal of the revenue was accepted, and the assessee was not entitled to exemption under Section 54F. en-us Fri, 04 Feb 2000 00:00:00 +0530 Fri, 06 Jan 2017 12:09:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189332 The Tribunal held that the assessee did not fully comply with the conditions of Section 54F of the Income Tax Act as the required investment was not made within one year before the sale of the original asset. Consequently, the Tribunal set aside the CIT(A)'s decision and upheld the Assessing Officer's addition of Rs. 1,30,330 in respect of long-term capital gains. As a result, the appeal of the revenue was accepted, and the assessee was not entitled to exemption under Section 54F. Case-Laws Income Tax Fri, 04 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189332