https://www.taxtmi.com/caselaws?id=417373 The Tribunal allowed the appeal, holding the assessee entitled to deductions under Section 54 for investments in two residential properties for the assessment year 2013-14. The Tribunal cited the prospective nature of the amendment to Section 54, which limited deductions to one residential house effective from 01.04.2015. The order addressed compliance with Section 54(2) and upheld the deductions despite non-deposit of unutilized amounts in the Capital Gain account scheme. en-us Thu, 13 Jan 2022 00:00:00 +0530 Mon, 06 Apr 2026 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417373 The Tribunal allowed the appeal, holding the assessee entitled to deductions under Section 54 for investments in two residential properties for the assessment year 2013-14. The Tribunal cited the prospective nature of the amendment to Section 54, which limited deductions to one residential house effective from 01.04.2015. The order addressed compliance with Section 54(2) and upheld the deductions despite non-deposit of unutilized amounts in the Capital Gain account scheme. Case-Laws Income Tax Thu, 13 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417373