https://www.taxtmi.com/caselaws?id=12911 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The Court affirmed the eligibility of the assessee for exemption under section 54F of the Income-tax Act, 1961, based on the legal interpretation that the legal title to the property vested in the assessee was sufficient. The Court emphasized that the purchase of the property within the specified period met the conditions for claiming relief under section 54F, even before the introduction of relevant amendments. en-us Tue, 17 Jul 2001 00:00:00 +0530 Fri, 22 May 2009 19:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12911 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and against the Revenue. The Court affirmed the eligibility of the assessee for exemption under section 54F of the Income-tax Act, 1961, based on the legal interpretation that the legal title to the property vested in the assessee was sufficient. The Court emphasized that the purchase of the property within the specified period met the conditions for claiming relief under section 54F, even before the introduction of relevant amendments. Case-Laws Income Tax Tue, 17 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12911