https://www.taxtmi.com/caselaws?id=374293 For section 54EC, the relevant transfer date under a joint development arrangement is the date possession is handed over in part performance; investments in specified bonds made within six months from that date remain eligible, even if split across two financial years, and the deduction was allowed. The assessee's additional claim for construction cost under section 54 was supported by fresh material admitted at appeal, but earlier verification was incomplete and duplication needed examination, so the matter was remanded to the Assessing Officer for fresh factual enquiry. en-us Thu, 24 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374293 For section 54EC, the relevant transfer date under a joint development arrangement is the date possession is handed over in part performance; investments in specified bonds made within six months from that date remain eligible, even if split across two financial years, and the deduction was allowed. The assessee's additional claim for construction cost under section 54 was supported by fresh material admitted at appeal, but earlier verification was incomplete and duplication needed examination, so the matter was remanded to the Assessing Officer for fresh factual enquiry. Case-Laws Income Tax Thu, 24 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374293