https://www.taxtmi.com/caselaws?id=377103 The High Court upheld the learned Single Judge's decision to quash the Principal Commissioner's order under Section 263, confirming the petitioner's eligibility for a deduction under Section 54F for investing in two adjoining flats considered a single residential unit. The court ruled that the Principal Commissioner lacked jurisdiction to initiate proceedings under Section 263 since the Tribunal had already resolved the issue. The appeal was dismissed, affirming the petitioner's entitlement to the deduction. en-us Thu, 28 Feb 2019 00:00:00 +0530 Fri, 21 Jun 2019 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377103 The High Court upheld the learned Single Judge's decision to quash the Principal Commissioner's order under Section 263, confirming the petitioner's eligibility for a deduction under Section 54F for investing in two adjoining flats considered a single residential unit. The court ruled that the Principal Commissioner lacked jurisdiction to initiate proceedings under Section 263 since the Tribunal had already resolved the issue. The appeal was dismissed, affirming the petitioner's entitlement to the deduction. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377103