https://www.taxtmi.com/caselaws?id=436435 The Tribunal upheld the CIT(A)'s decision, confirming the assessee's entitlement to the deduction under Section 54F for investing in two adjacent flats treated as one residential house. The Tribunal dismissed the revenue's appeal, emphasizing the beneficial nature of Section 54F and endorsing a liberal construction of its provisions. It found no flaw in the CIT(A)'s order and concluded that the assessee's investment met the criteria for exemption under Section 54F. en-us Sat, 25 Feb 2023 00:00:00 +0530 Thu, 13 Apr 2023 07:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436435 The Tribunal upheld the CIT(A)'s decision, confirming the assessee's entitlement to the deduction under Section 54F for investing in two adjacent flats treated as one residential house. The Tribunal dismissed the revenue's appeal, emphasizing the beneficial nature of Section 54F and endorsing a liberal construction of its provisions. It found no flaw in the CIT(A)'s order and concluded that the assessee's investment met the criteria for exemption under Section 54F. Case-Laws Income Tax Sat, 25 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436435