https://www.taxtmi.com/caselaws?id=370595 The ITAT Mumbai allowed the appeal for Assessment Year 2009-10, holding that the assessee was entitled to claim deduction under Section 54F of the Income Tax Act, 1961. The ITAT considered the joint ownership of the property sold and investments in new properties, including those made by the assessee's husband. Despite transfer delays between projects, the ITAT ruled in favor of granting the deduction, directing the AO to allow the claim. en-us Fri, 02 Nov 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370595 The ITAT Mumbai allowed the appeal for Assessment Year 2009-10, holding that the assessee was entitled to claim deduction under Section 54F of the Income Tax Act, 1961. The ITAT considered the joint ownership of the property sold and investments in new properties, including those made by the assessee's husband. Despite transfer delays between projects, the ITAT ruled in favor of granting the deduction, directing the AO to allow the claim. Case-Laws Income Tax Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370595