https://www.taxtmi.com/caselaws?id=409711 The Tribunal allowed the assessee's appeal, granting the exemption under Section 54F. It concluded that the property was residential at the time of purchase, the assessee did not own more than one residential property, and the construction expenditure was validly incurred. The additional evidence was admitted, and the lower authorities' findings were overturned. en-us Mon, 14 Jun 2021 00:00:00 +0530 Thu, 15 Jul 2021 08:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409711 The Tribunal allowed the assessee's appeal, granting the exemption under Section 54F. It concluded that the property was residential at the time of purchase, the assessee did not own more than one residential property, and the construction expenditure was validly incurred. The additional evidence was admitted, and the lower authorities' findings were overturned. Case-Laws Income Tax Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409711