https://www.taxtmi.com/caselaws?id=384043 The Tribunal upheld the CIT(A)'s decision, dismissing the appeal and affirming that the appellant was not entitled to the deduction under section 54F(1) for both residential properties purchased within one year from the date of sale of the original asset, in accordance with the amended provisions effective from 01.04.2015. The appellant's claim for deduction was disallowed as it did not comply with the restriction to invest in only one residential house as per the amended section 54F. en-us Thu, 25 Jul 2019 00:00:00 +0530 Sat, 03 Aug 2019 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384043 The Tribunal upheld the CIT(A)'s decision, dismissing the appeal and affirming that the appellant was not entitled to the deduction under section 54F(1) for both residential properties purchased within one year from the date of sale of the original asset, in accordance with the amended provisions effective from 01.04.2015. The appellant's claim for deduction was disallowed as it did not comply with the restriction to invest in only one residential house as per the amended section 54F. Case-Laws Income Tax Thu, 25 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384043