https://www.taxtmi.com/caselaws?id=408450 The Tribunal held that the Hindu Undivided Family (HUF) was entitled to the benefit of exemption under Section 54B for the assessment year in question. It determined that the term "assessee" in Section 54B included HUFs even before the clarificatory amendment in 2013. The Tribunal allowed the appeal, granting the exemption under Section 54B and providing relief on all grounds raised by the HUF. en-us Mon, 31 May 2021 00:00:00 +0530 Fri, 11 Jun 2021 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408450 The Tribunal held that the Hindu Undivided Family (HUF) was entitled to the benefit of exemption under Section 54B for the assessment year in question. It determined that the term "assessee" in Section 54B included HUFs even before the clarificatory amendment in 2013. The Tribunal allowed the appeal, granting the exemption under Section 54B and providing relief on all grounds raised by the HUF. Case-Laws Income Tax Mon, 31 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408450