https://www.taxtmi.com/caselaws?id=280881 The Tribunal granted the appeal, allowing the deduction under Section 54 of the Income Tax Act for the assessee for the relevant Assessment Year. The delay in filing the appeal was condoned due to adverse medical conditions faced by the spouse, and the Tribunal emphasized the timely deposit of capital gains in the specified account as fulfilling the conditions for claiming the deduction. The Tribunal's decision was based on the provisions of Section 54 and legal precedents, ultimately ruling in favor of the assessee. en-us Wed, 08 Aug 2018 00:00:00 +0530 Fri, 24 May 2019 12:10:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280881 The Tribunal granted the appeal, allowing the deduction under Section 54 of the Income Tax Act for the assessee for the relevant Assessment Year. The delay in filing the appeal was condoned due to adverse medical conditions faced by the spouse, and the Tribunal emphasized the timely deposit of capital gains in the specified account as fulfilling the conditions for claiming the deduction. The Tribunal's decision was based on the provisions of Section 54 and legal precedents, ultimately ruling in favor of the assessee. Case-Laws Income Tax Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280881