https://www.taxtmi.com/caselaws?id=289013 The Appellate Tribunal ruled in favor of the assessee, allowing exemption under section 54 of the Income-tax Act 1961 for capital gains arising from the sale of more than one residential house, provided the gains from both houses are invested in the same residential house. The decision set aside the orders of the Assessing Officer and the Commissioner of Income Tax (Appeals), granting relief to the assessee in the matter of disallowance of claim under section 54. en-us Wed, 23 Feb 2011 00:00:00 +0530 Thu, 09 Jul 2020 18:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289013 The Appellate Tribunal ruled in favor of the assessee, allowing exemption under section 54 of the Income-tax Act 1961 for capital gains arising from the sale of more than one residential house, provided the gains from both houses are invested in the same residential house. The decision set aside the orders of the Assessing Officer and the Commissioner of Income Tax (Appeals), granting relief to the assessee in the matter of disallowance of claim under section 54. Case-Laws Income Tax Wed, 23 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289013