https://www.taxtmi.com/caselaws?id=282356 The Tribunal upheld the assessee's entitlement for exemption under Section 54F despite the property being purchased in the name of the assessee's wife. The Tribunal dismissed the Revenue's objection on incomplete construction, emphasizing the fulfillment of legal requirements for claiming tax benefits. The appeal was ultimately dismissed, affirming the allowance of deduction under Section 54F and underscoring the importance of interpreting tax provisions accurately for property investments. en-us Mon, 21 Aug 2017 00:00:00 +0530 Sun, 04 Aug 2019 16:01:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282356 The Tribunal upheld the assessee's entitlement for exemption under Section 54F despite the property being purchased in the name of the assessee's wife. The Tribunal dismissed the Revenue's objection on incomplete construction, emphasizing the fulfillment of legal requirements for claiming tax benefits. The appeal was ultimately dismissed, affirming the allowance of deduction under Section 54F and underscoring the importance of interpreting tax provisions accurately for property investments. Case-Laws Income Tax Mon, 21 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282356