https://www.taxtmi.com/caselaws?id=195121 The Court found errors in the computation of benefits under Section 54F and directed a fresh assessment by the Assessing Officer to determine if the assessee met all requirements under Section 54. The Assessing Officer was instructed to consider the claim for deductions under Section 54 as per the law. The appeal was allowed in favor of the assessee, granting relief for the full amount of Rs. 77,50,000 under Section 54F. en-us Tue, 07 Aug 2012 00:00:00 +0530 Mon, 16 Oct 2017 10:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195121 The Court found errors in the computation of benefits under Section 54F and directed a fresh assessment by the Assessing Officer to determine if the assessee met all requirements under Section 54. The Assessing Officer was instructed to consider the claim for deductions under Section 54 as per the law. The appeal was allowed in favor of the assessee, granting relief for the full amount of Rs. 77,50,000 under Section 54F. Case-Laws Income Tax Tue, 07 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195121