https://www.taxtmi.com/caselaws?id=304373 The Tribunal upheld the decision of the ld. CIT(A) to allow the exemption u/s 54 for the assessee, as the purchase of the new property was within the extended time limit specified under section 139(4) of the Act. The Tribunal relied on precedents from High Courts and a previous ITAT ruling to support its decision, ultimately dismissing the Department's appeal. en-us Wed, 15 Jan 2014 00:00:00 +0530 Fri, 23 Sep 2022 08:23:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304373 The Tribunal upheld the decision of the ld. CIT(A) to allow the exemption u/s 54 for the assessee, as the purchase of the new property was within the extended time limit specified under section 139(4) of the Act. The Tribunal relied on precedents from High Courts and a previous ITAT ruling to support its decision, ultimately dismissing the Department's appeal. Case-Laws Income Tax Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304373