https://www.taxtmi.com/caselaws?id=403094 The Tribunal affirmed the assessee's entitlement to exemption u/s.54F for the relevant year, subject to verification of house construction within the specified period. The Tribunal emphasized the importance of depositing the capital gain amount in the designated account and highlighted the consequences of non-compliance with construction requirements. The Revenue's appeal was dismissed, and the Miscellaneous Application seeking modification was allowed, with the order issued on 18th January 2021. en-us Mon, 18 Jan 2021 00:00:00 +0530 Tue, 19 Jan 2021 10:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403094 The Tribunal affirmed the assessee's entitlement to exemption u/s.54F for the relevant year, subject to verification of house construction within the specified period. The Tribunal emphasized the importance of depositing the capital gain amount in the designated account and highlighted the consequences of non-compliance with construction requirements. The Revenue's appeal was dismissed, and the Miscellaneous Application seeking modification was allowed, with the order issued on 18th January 2021. Case-Laws Income Tax Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403094