https://www.taxtmi.com/caselaws?id=428815 The ITAT ruled in favor of the assessee on both issues. It directed that the surplus from the JDA be treated as Long Term Capital Gains and allowed the exemption under Section 54F for the multiple residential units received. The appeal of the assessee was allowed, and the order was pronounced on 21st September 2022. en-us Wed, 21 Sep 2022 00:00:00 +0530 Tue, 11 Oct 2022 09:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428815 The ITAT ruled in favor of the assessee on both issues. It directed that the surplus from the JDA be treated as Long Term Capital Gains and allowed the exemption under Section 54F for the multiple residential units received. The appeal of the assessee was allowed, and the order was pronounced on 21st September 2022. Case-Laws Income Tax Wed, 21 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428815