https://www.taxtmi.com/caselaws?id=377844 The tribunal upheld the CIT(A)'s decision, confirming that the gains were Long-Term Capital Gains and the assessee was entitled to the deduction under Section 54F. The tribunal relied on CBDT circulars and judicial pronouncements to determine that the date of allotment should be considered for determining the holding period and eligibility for deduction, dismissing the revenue's appeal. en-us Tue, 02 Apr 2019 00:00:00 +0530 Tue, 28 May 2019 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377844 The tribunal upheld the CIT(A)'s decision, confirming that the gains were Long-Term Capital Gains and the assessee was entitled to the deduction under Section 54F. The tribunal relied on CBDT circulars and judicial pronouncements to determine that the date of allotment should be considered for determining the holding period and eligibility for deduction, dismissing the revenue's appeal. Case-Laws Income Tax Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377844