https://www.taxtmi.com/caselaws?id=344502 The Tribunal upheld the validity of the notice served under section 143(2) of the Income Tax Act, 1961, through affixture, dismissing the assessee's argument of improper service. Additionally, the denial of exemption under section 54 was upheld due to the new house purchase preceding the stipulated period and lack of evidence for cost of improvement. The appeal by the assessee was dismissed on both grounds, with the Tribunal's decision pronounced on 03rd April, 2017 in Chennai. en-us Mon, 03 Apr 2017 00:00:00 +0530 Mon, 19 Jun 2017 07:04:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344502 The Tribunal upheld the validity of the notice served under section 143(2) of the Income Tax Act, 1961, through affixture, dismissing the assessee's argument of improper service. Additionally, the denial of exemption under section 54 was upheld due to the new house purchase preceding the stipulated period and lack of evidence for cost of improvement. The appeal by the assessee was dismissed on both grounds, with the Tribunal's decision pronounced on 03rd April, 2017 in Chennai. Case-Laws Income Tax Mon, 03 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344502