https://www.taxtmi.com/caselaws?id=391802 The Tribunal allowed the appeal, directing the AO to reexamine the deduction claim under section 54F. The Tribunal held that the assessee is entitled to claim deduction u/s. 54F even for properties purchased outside India, citing consistent judicial precedents and the plain language of the statute. Consequently, the appeal was treated as allowed for statistical purposes, clarifying the assessee's right to the deduction. en-us Fri, 10 Jan 2020 00:00:00 +0530 Fri, 07 Feb 2020 10:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391802 The Tribunal allowed the appeal, directing the AO to reexamine the deduction claim under section 54F. The Tribunal held that the assessee is entitled to claim deduction u/s. 54F even for properties purchased outside India, citing consistent judicial precedents and the plain language of the statute. Consequently, the appeal was treated as allowed for statistical purposes, clarifying the assessee's right to the deduction. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391802