https://www.taxtmi.com/caselaws?id=349088 The Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s decision to allow the deduction under section 54B of the Income Tax Act. The assessee's compliance with the investment timeline requirements was upheld, leading to the deletion of the disallowed amount. The Tribunal emphasized the importance of adhering to statutory provisions and legal precedents in granting the exemption. The judgment was issued on 04/10/2017. en-us Wed, 04 Oct 2017 00:00:00 +0530 Fri, 06 Oct 2017 19:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349088 The Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s decision to allow the deduction under section 54B of the Income Tax Act. The assessee's compliance with the investment timeline requirements was upheld, leading to the deletion of the disallowed amount. The Tribunal emphasized the importance of adhering to statutory provisions and legal precedents in granting the exemption. The judgment was issued on 04/10/2017. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349088