https://www.taxtmi.com/caselaws?id=375718 The Appellate Tribunal upheld the CIT(A)'s decision in favor of the Assessee regarding the denial of a deduction claim under section 54F for a joint investment made with a relative who did not contribute financially. The Tribunal ruled that the Assessee, who made the entire investment, was entitled to claim the deduction despite joint ownership with the relative. The Tribunal emphasized the importance of judicial discipline and relevant precedents in reaching this decision, ultimately dismissing the Revenue's appeal. en-us Thu, 13 Dec 2018 00:00:00 +0530 Mon, 25 Feb 2019 05:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375718 The Appellate Tribunal upheld the CIT(A)'s decision in favor of the Assessee regarding the denial of a deduction claim under section 54F for a joint investment made with a relative who did not contribute financially. The Tribunal ruled that the Assessee, who made the entire investment, was entitled to claim the deduction despite joint ownership with the relative. The Tribunal emphasized the importance of judicial discipline and relevant precedents in reaching this decision, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Thu, 13 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375718