https://www.taxtmi.com/caselaws?id=304627 The Tribunal allowed the appeal, condoning the delay and directing the AO to allow the exemption under Section 54B for the purchase of agricultural land in the name of the assessee's sons. The FMV adopted by the registered valuer was accepted, and the exemption under Section 54F was upheld as per the Departmental Valuation Officer's report. The addition of Rs. 25,51,176/- was addressed, and the appeal was allowed in favor of the assessee. en-us Mon, 25 Feb 2019 00:00:00 +0530 Tue, 11 Oct 2022 10:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304627 The Tribunal allowed the appeal, condoning the delay and directing the AO to allow the exemption under Section 54B for the purchase of agricultural land in the name of the assessee's sons. The FMV adopted by the registered valuer was accepted, and the exemption under Section 54F was upheld as per the Departmental Valuation Officer's report. The addition of Rs. 25,51,176/- was addressed, and the appeal was allowed in favor of the assessee. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304627