https://www.taxtmi.com/caselaws?id=432203 The Tribunal partially allowed the appeal, directing the Assessing Officer to permit the deduction under Section 54B of the Act, despite the agricultural land being purchased in the name of the assessee's wife. The Tribunal emphasized that deductions under Section 54B/54F are permissible even when investments are made in property held by the spouse. The order was issued on 28th December 2022. en-us Wed, 28 Dec 2022 00:00:00 +0530 Thu, 29 Dec 2022 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432203 The Tribunal partially allowed the appeal, directing the Assessing Officer to permit the deduction under Section 54B of the Act, despite the agricultural land being purchased in the name of the assessee's wife. The Tribunal emphasized that deductions under Section 54B/54F are permissible even when investments are made in property held by the spouse. The order was issued on 28th December 2022. Case-Laws Income Tax Wed, 28 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432203