https://www.taxtmi.com/caselaws?id=406183 The Tribunal upheld the CIT(A)'s decision to grant exemption under Section 54 of the Income Tax Act on the entire Long Term Capital Gains invested in a new property, despite joint ownership with family members. The Revenue's appeal challenging the exemption was dismissed as the Tribunal found no merit in their arguments and affirmed the CIT(A)'s decision based on legal principles and factual findings. en-us Wed, 31 Mar 2021 00:00:00 +0530 Thu, 28 Oct 2021 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406183 The Tribunal upheld the CIT(A)'s decision to grant exemption under Section 54 of the Income Tax Act on the entire Long Term Capital Gains invested in a new property, despite joint ownership with family members. The Revenue's appeal challenging the exemption was dismissed as the Tribunal found no merit in their arguments and affirmed the CIT(A)'s decision based on legal principles and factual findings. Case-Laws Income Tax Wed, 31 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406183