https://www.taxtmi.com/caselaws?id=405501 The Tribunal ruled in favor of the assessee on both counts: the sale of the ground floor resulted in long-term capital gains, and the assessee was entitled to deduction under Section 54 for the new asset. As the issues were decided favorably for the assessee, the Tribunal did not address the jurisdictional challenge under Section 263. The appeal was partly allowed. en-us Fri, 19 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405501 The Tribunal ruled in favor of the assessee on both counts: the sale of the ground floor resulted in long-term capital gains, and the assessee was entitled to deduction under Section 54 for the new asset. As the issues were decided favorably for the assessee, the Tribunal did not address the jurisdictional challenge under Section 263. The appeal was partly allowed. Case-Laws Income Tax Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405501