https://www.taxtmi.com/caselaws?id=394711 The Tribunal ruled in favor of the Assessee by deleting the additions of Rs. 2,00,29,039 and Rs. 73,13,300 due to lesser deduction on account of the fair market value of land and unexplained investment in property, respectively. However, the denial of deduction under section 54B of the Income Tax Act was upheld. The decision was announced on 11.02.2020. en-us Tue, 11 Feb 2020 00:00:00 +0530 Wed, 22 Apr 2020 11:54:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394711 The Tribunal ruled in favor of the Assessee by deleting the additions of Rs. 2,00,29,039 and Rs. 73,13,300 due to lesser deduction on account of the fair market value of land and unexplained investment in property, respectively. However, the denial of deduction under section 54B of the Income Tax Act was upheld. The decision was announced on 11.02.2020. Case-Laws Income Tax Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394711