https://www.taxtmi.com/caselaws?id=381268 The Tribunal allowed the appeal filed by the assessee regarding the denial of exemption under section 54F for long term capital gain on the sale of jewellery. The Tribunal directed the Assessing Officer to verify the construction certificate presented by the assessee and consider the cost of investment in land as part of the cost of construction for availing the exemption. The assessee was granted a reasonable opportunity to present their case, and the appeal was treated as allowed for statistical purposes. en-us Tue, 21 May 2019 00:00:00 +0530 Fri, 07 Jun 2019 07:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381268 The Tribunal allowed the appeal filed by the assessee regarding the denial of exemption under section 54F for long term capital gain on the sale of jewellery. The Tribunal directed the Assessing Officer to verify the construction certificate presented by the assessee and consider the cost of investment in land as part of the cost of construction for availing the exemption. The assessee was granted a reasonable opportunity to present their case, and the appeal was treated as allowed for statistical purposes. Case-Laws Income Tax Tue, 21 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381268