https://www.taxtmi.com/caselaws?id=438251 The Tribunal allowed both appeals of the assessee, holding that the agricultural land was held by the assessee in the status of HUF and the land purchased in the wife's name was eligible for exemption under section 54B of the Income Tax Act. The appellant successfully argued that the amended provisions of section 54B, applicable from 01.04.2013, include HUFs, making the exemption available to them. en-us Tue, 23 May 2023 00:00:00 +0530 Fri, 26 May 2023 08:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438251 The Tribunal allowed both appeals of the assessee, holding that the agricultural land was held by the assessee in the status of HUF and the land purchased in the wife's name was eligible for exemption under section 54B of the Income Tax Act. The appellant successfully argued that the amended provisions of section 54B, applicable from 01.04.2013, include HUFs, making the exemption available to them. Case-Laws Income Tax Tue, 23 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438251