https://www.taxtmi.com/caselaws?id=302216 The tribunal allowed the appeal in part, directing the AO to permit the deduction u/s 54 of the Act for investments made jointly by the assessee with his brother, contrary to the decision of the ld. CIT(A). The tribunal relied on precedents, including decisions of the Hon'ble Rajasthan High Court, Mumbai Tribunal, and Delhi High Court, supporting full exemption for jointly purchased properties. The delay in filing the appeal was condoned, and the appeal was heard on its merits for the Assessment Year 2014-15. en-us Wed, 31 Jul 2019 00:00:00 +0530 Wed, 11 May 2022 08:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302216 The tribunal allowed the appeal in part, directing the AO to permit the deduction u/s 54 of the Act for investments made jointly by the assessee with his brother, contrary to the decision of the ld. CIT(A). The tribunal relied on precedents, including decisions of the Hon'ble Rajasthan High Court, Mumbai Tribunal, and Delhi High Court, supporting full exemption for jointly purchased properties. The delay in filing the appeal was condoned, and the appeal was heard on its merits for the Assessment Year 2014-15. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302216