https://www.taxtmi.com/caselaws?id=429545 The Tribunal upheld the decision of the Commissioner of Income-Tax, dismissing the assessee's appeal and confirming the disallowance of Rs. 4,88,645 on the excess claim for exemption under Sections 54F and 54EC of the Income-tax Act. The Tribunal noted the mistake in the assessee's calculation of the exemption, leading to the unfavorable outcome for the assessee in the case. en-us Mon, 03 Oct 2022 00:00:00 +0530 Mon, 31 Oct 2022 08:15:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429545 The Tribunal upheld the decision of the Commissioner of Income-Tax, dismissing the assessee's appeal and confirming the disallowance of Rs. 4,88,645 on the excess claim for exemption under Sections 54F and 54EC of the Income-tax Act. The Tribunal noted the mistake in the assessee's calculation of the exemption, leading to the unfavorable outcome for the assessee in the case. Case-Laws Income Tax Mon, 03 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429545