https://www.taxtmi.com/caselaws?id=418079 The Appellate Tribunal upheld the decision of the ld. CIT(A) regarding the admissibility of additional evidences, acceptance of claim u/s. 54F without documentary evidence, and acceptance of the claim regarding the sale of art effects. The Tribunal found that the appellant met the conditions for exemption under section 54F and that the sale of art effects was supported by relevant documents. Consequently, the revenue's appeal was dismissed, and the entire capital gain was deemed exempt from tax. en-us Fri, 28 Jan 2022 00:00:00 +0530 Mon, 07 Feb 2022 22:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418079 The Appellate Tribunal upheld the decision of the ld. CIT(A) regarding the admissibility of additional evidences, acceptance of claim u/s. 54F without documentary evidence, and acceptance of the claim regarding the sale of art effects. The Tribunal found that the appellant met the conditions for exemption under section 54F and that the sale of art effects was supported by relevant documents. Consequently, the revenue's appeal was dismissed, and the entire capital gain was deemed exempt from tax. Case-Laws Income Tax Fri, 28 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418079