https://www.taxtmi.com/caselaws?id=423227 The Revenue appealed against the acceptance of deduction under Section 54F by the CIT(A) due to failure to prove construction completion within 3 years. Despite initial disallowance by the Assessing Officer, the CIT(A) allowed the deduction based on additional evidence submitted during the appeal, including updated photographs, land records, and electricity bills. The Assessing Officer's remand report confirmed the genuineness of the Assessee's claim, leading to the acceptance of the deduction under Section 54F. en-us Mon, 30 May 2022 00:00:00 +0530 Tue, 31 May 2022 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423227 The Revenue appealed against the acceptance of deduction under Section 54F by the CIT(A) due to failure to prove construction completion within 3 years. Despite initial disallowance by the Assessing Officer, the CIT(A) allowed the deduction based on additional evidence submitted during the appeal, including updated photographs, land records, and electricity bills. The Assessing Officer's remand report confirmed the genuineness of the Assessee's claim, leading to the acceptance of the deduction under Section 54F. Case-Laws Income Tax Mon, 30 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423227