https://www.taxtmi.com/caselaws?id=294719 The Tribunal allowed the exemption under section 54, considering the date of allotment as the date of acquisition for computing capital gains. It emphasized consistency in decisions, referred to various judgments and circulars, and directed the AO to allow the exemption claimed by the assessee, setting aside the impugned order. en-us Wed, 07 Feb 2018 00:00:00 +0530 Thu, 29 Apr 2021 20:19:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294719 The Tribunal allowed the exemption under section 54, considering the date of allotment as the date of acquisition for computing capital gains. It emphasized consistency in decisions, referred to various judgments and circulars, and directed the AO to allow the exemption claimed by the assessee, setting aside the impugned order. Case-Laws Income Tax Wed, 07 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294719