https://www.taxtmi.com/highlights?id=72778 Revision u/s 263 - allowing deduction u/s 54F in the absence of Long Term Capital Gain - When the assessee has not held the flats for a minimum period of 3 years, the provisions of section 54F are not fulfilled and therefore, by allowing the claim of deduction u/s 54F, the order of the Assessing Officer has become erroneous as well as prejudicial to the interest of the Revenue. - AT en-us Sat, 28 Oct 2023 13:37:38 +0530 Sat, 28 Oct 2023 13:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72778 Revision u/s 263 - allowing deduction u/s 54F in the absence of Long Term Capital Gain - When the assessee has not held the flats for a minimum period of 3 years, the provisions of section 54F are not fulfilled and therefore, by allowing the claim of deduction u/s 54F, the order of the Assessing Officer has become erroneous as well as prejudicial to the interest of the Revenue. - AT Highlights Income Tax Sat, 28 Oct 2023 13:37:38 +0530 https://www.taxtmi.com/highlights?id=72778