https://www.taxtmi.com/caselaws?id=414039 The Tribunal overturned the CIT's order, finding that the revisionary jurisdiction exercised under section 263 was unwarranted. The Tribunal concluded that the investment details were adequately examined, and discrepancies in small payments for improvements did not significantly impact the deduction claimed under section 54F. As a result, the Tribunal allowed the appeal, setting aside the CIT's order and reinstating the Assessing Officer's decision on the deduction under section 54F. en-us Fri, 06 Aug 2021 00:00:00 +0530 Wed, 27 Oct 2021 09:20:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414039 The Tribunal overturned the CIT's order, finding that the revisionary jurisdiction exercised under section 263 was unwarranted. The Tribunal concluded that the investment details were adequately examined, and discrepancies in small payments for improvements did not significantly impact the deduction claimed under section 54F. As a result, the Tribunal allowed the appeal, setting aside the CIT's order and reinstating the Assessing Officer's decision on the deduction under section 54F. Case-Laws Income Tax Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414039