https://www.taxtmi.com/caselaws?id=304881 The ITAT upheld the decisions of the lower authorities, denying the assessee exemption under section 54G of the Income Tax Act. The notifications declaring the area as an urban area lacked retrospective effect, and notifications under different sections were deemed inapplicable for section 54G purposes, leading to the dismissal of the appeal. en-us Fri, 27 Feb 2015 00:00:00 +0530 Fri, 20 Dec 2024 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304881 The ITAT upheld the decisions of the lower authorities, denying the assessee exemption under section 54G of the Income Tax Act. The notifications declaring the area as an urban area lacked retrospective effect, and notifications under different sections were deemed inapplicable for section 54G purposes, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304881