https://www.taxtmi.com/caselaws?id=418226 The Tribunal allowed the assessee's appeal, setting aside the assessment order due to the lack of proper justification for reopening the case under section 147. The Tribunal emphasized the eligibility of the assessee for deduction under section 54F based on the deposit of sale proceeds in the Capital Gain Account, highlighting discrepancies in the AO's assessment process. en-us Fri, 24 Dec 2021 00:00:00 +0530 Fri, 11 Feb 2022 07:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418226 The Tribunal allowed the assessee's appeal, setting aside the assessment order due to the lack of proper justification for reopening the case under section 147. The Tribunal emphasized the eligibility of the assessee for deduction under section 54F based on the deposit of sale proceeds in the Capital Gain Account, highlighting discrepancies in the AO's assessment process. Case-Laws Income Tax Fri, 24 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418226