https://www.taxtmi.com/caselaws?id=765099 ITAT Delhi held that the assessee was entitled to exemption under section 54F for LTCG of Rs. 3,83,55,102/-. The tribunal determined that the assessee did not own more than one house property on the date of transfer of the original capital asset, contrary to the revenue's denial of exemption. The assessee's grounds were allowed, overturning the lower authority's decision regarding multiple property ownership disqualification. en-us Fri, 08 Nov 2024 00:00:00 +0530 Sat, 25 Jan 2025 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765099 ITAT Delhi held that the assessee was entitled to exemption under section 54F for LTCG of Rs. 3,83,55,102/-. The tribunal determined that the assessee did not own more than one house property on the date of transfer of the original capital asset, contrary to the revenue's denial of exemption. The assessee's grounds were allowed, overturning the lower authority's decision regarding multiple property ownership disqualification. Case-Laws Income Tax Fri, 08 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765099