https://www.taxtmi.com/caselaws?id=349928 The ITAT Delhi dismissed the Revenue's appeal against the deletion of additions related to the disallowance of claim of exemption u/s 54F of the I.T. Act. The AO's contentions of lack of documentary evidence supporting the investment in residential property within the extended period were refuted by the CIT(A) based on the assessee's submissions. Additionally, the CIT(A) resolved the dispute over non-deposit of utilized consideration by referencing previous decisions and the valuation report provided by the assessee, ultimately leading to the dismissal of the Revenue's appeal. en-us Thu, 05 Oct 2017 00:00:00 +0530 Tue, 24 Oct 2017 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349928 The ITAT Delhi dismissed the Revenue's appeal against the deletion of additions related to the disallowance of claim of exemption u/s 54F of the I.T. Act. The AO's contentions of lack of documentary evidence supporting the investment in residential property within the extended period were refuted by the CIT(A) based on the assessee's submissions. Additionally, the CIT(A) resolved the dispute over non-deposit of utilized consideration by referencing previous decisions and the valuation report provided by the assessee, ultimately leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Thu, 05 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349928