https://www.taxtmi.com/highlights?id=52340 Exemption of income u/s 11 - sale proceeds of property - acquisition of new property - Since the assessee has made the investment in fixed deposits for more than 6 months in the same financial year, we hold that the assessee is entitled for exemption of sale consideration u/s 11(1A) of the Act and the same required to be considered as for acquiring another capital asset. - AT en-us Sat, 14 Mar 2020 13:54:57 +0530 Sat, 14 Mar 2020 13:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52340 Exemption of income u/s 11 - sale proceeds of property - acquisition of new property - Since the assessee has made the investment in fixed deposits for more than 6 months in the same financial year, we hold that the assessee is entitled for exemption of sale consideration u/s 11(1A) of the Act and the same required to be considered as for acquiring another capital asset. - AT Highlights Income Tax Sat, 14 Mar 2020 13:54:57 +0530 https://www.taxtmi.com/highlights?id=52340