https://www.taxtmi.com/caselaws?id=300947 The Tribunal allowed the assessee's appeal, permitting the deduction claimed under Section 54F of the Income Tax Act in the pending assessment under Section 153A. The Tribunal held that the undisclosed income qualified as long-term capital gains, supporting the new claim made by the assessee. The decision overturned the CIT(A)'s ruling and was in favor of the assessee, pronounced on 22-05-2015. en-us Fri, 22 May 2015 00:00:00 +0530 Sat, 05 Mar 2022 07:56:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300947 The Tribunal allowed the assessee's appeal, permitting the deduction claimed under Section 54F of the Income Tax Act in the pending assessment under Section 153A. The Tribunal held that the undisclosed income qualified as long-term capital gains, supporting the new claim made by the assessee. The decision overturned the CIT(A)'s ruling and was in favor of the assessee, pronounced on 22-05-2015. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300947