https://www.taxtmi.com/caselaws?id=408727 The Tribunal allowed the appeal, emphasizing a liberal interpretation of section 54F of the Income-tax Act, focusing on the actual investment in the new property within the specified time frame, rather than strict compliance with depositing in a separate account. The Tribunal directed the AO to allow the claim after verifying the investment details, following principles of end utilization of the sale consideration for exemption under section 54F. en-us Fri, 18 Jun 2021 00:00:00 +0530 Sat, 19 Jun 2021 10:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408727 The Tribunal allowed the appeal, emphasizing a liberal interpretation of section 54F of the Income-tax Act, focusing on the actual investment in the new property within the specified time frame, rather than strict compliance with depositing in a separate account. The Tribunal directed the AO to allow the claim after verifying the investment details, following principles of end utilization of the sale consideration for exemption under section 54F. Case-Laws Income Tax Fri, 18 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408727