https://www.taxtmi.com/caselaws?id=370517 The Appellate Tribunal upheld the decision of CIT(A) regarding the allowance of deduction claimed under section 54 of the Income Tax Act. The Tribunal emphasized the importance of utilizing Long Term Capital Gains (LTCG) before the due date of filing the return of income for claiming exemption. The decision highlighted the significance of compliance with statutory provisions and previous legal interpretations in tax matters. en-us Fri, 09 Nov 2018 00:00:00 +0530 Mon, 19 Nov 2018 08:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370517 The Appellate Tribunal upheld the decision of CIT(A) regarding the allowance of deduction claimed under section 54 of the Income Tax Act. The Tribunal emphasized the importance of utilizing Long Term Capital Gains (LTCG) before the due date of filing the return of income for claiming exemption. The decision highlighted the significance of compliance with statutory provisions and previous legal interpretations in tax matters. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370517