https://www.taxtmi.com/caselaws?id=440332 The Tribunal upheld the CIT(A)'s decision to allow the deduction under Section 54 instead of Section 54F, emphasizing the more favorable treatment for the assessee. It found that the revised grounds of appeal were accepted rightfully without violating Rule 46A. The Tribunal dismissed the Revenue's appeal and the cross objection by the assessee was deemed infructuous. en-us Tue, 11 Jul 2023 00:00:00 +0530 Sat, 15 Jul 2023 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440332 The Tribunal upheld the CIT(A)'s decision to allow the deduction under Section 54 instead of Section 54F, emphasizing the more favorable treatment for the assessee. It found that the revised grounds of appeal were accepted rightfully without violating Rule 46A. The Tribunal dismissed the Revenue's appeal and the cross objection by the assessee was deemed infructuous. Case-Laws Income Tax Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440332