https://www.taxtmi.com/caselaws?id=198935 The tribunal emphasized that the exemption under Section 54EC of the Income Tax Act hinges on the actual receipt of funds by the assessee for investment within the specified period. It clarified that the investment must be made within six months of receiving funds to avail of the exemption. The tribunal dismissed the Revenue's appeal, upholding the decision of the Commissioner of Income Tax (Appeals). en-us Mon, 19 Oct 2015 00:00:00 +0530 Wed, 14 Feb 2018 09:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198935 The tribunal emphasized that the exemption under Section 54EC of the Income Tax Act hinges on the actual receipt of funds by the assessee for investment within the specified period. It clarified that the investment must be made within six months of receiving funds to avail of the exemption. The tribunal dismissed the Revenue's appeal, upholding the decision of the Commissioner of Income Tax (Appeals). Case-Laws Income Tax Mon, 19 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198935