https://www.taxtmi.com/caselaws?id=409885 The Tribunal allowed the assessee's appeal, reversing the CIT(A)'s order that restricted the exemption under Section 54F of the Income Tax Act. The Tribunal held that the assessee was entitled to the benefit of Section 54F in its entirety, emphasizing that the exemption should not be denied for failure to deposit the amount in the capital gains account scheme if the entire sale consideration is invested in constructing a residential house within the stipulated period. en-us Wed, 14 Jul 2021 00:00:00 +0530 Mon, 19 Jul 2021 10:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409885 The Tribunal allowed the assessee's appeal, reversing the CIT(A)'s order that restricted the exemption under Section 54F of the Income Tax Act. The Tribunal held that the assessee was entitled to the benefit of Section 54F in its entirety, emphasizing that the exemption should not be denied for failure to deposit the amount in the capital gains account scheme if the entire sale consideration is invested in constructing a residential house within the stipulated period. Case-Laws Income Tax Wed, 14 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409885