https://www.taxtmi.com/caselaws?id=340443 The Tribunal upheld the Assessing Officer's decision to disallow deduction under Section 54F for one of the residential properties reinvested by the Non-Resident Indian, as the properties were not adjoining. Additionally, the Tribunal upheld the determination of Annual Letting Value (ALV) for vacant commercial premises based on expected rent in the open market, dismissing the appeal of the assessee. The judgment was pronounced on 15th March 2017 at Ahmedabad. en-us Wed, 15 Mar 2017 00:00:00 +0530 Wed, 22 Mar 2017 09:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340443 The Tribunal upheld the Assessing Officer's decision to disallow deduction under Section 54F for one of the residential properties reinvested by the Non-Resident Indian, as the properties were not adjoining. Additionally, the Tribunal upheld the determination of Annual Letting Value (ALV) for vacant commercial premises based on expected rent in the open market, dismissing the appeal of the assessee. The judgment was pronounced on 15th March 2017 at Ahmedabad. Case-Laws Income Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340443