https://www.taxtmi.com/caselaws?id=773363 ITAT allowed the assessee's claim under section 54F, finding the sale proceeds were invested in a new flat and possession and sale deed were executed within the three-year construction period, so exemption could not be denied. The tribunal also deleted the addition under section 69B: the assessee was not required to maintain books, the registered sale consideration and stamp duty reconciled with bank payments, and the AO failed to seek requisite details before making the addition. Both grounds raised by the assessee were allowed. en-us Wed, 18 Jun 2025 00:00:00 +0530 Tue, 14 Oct 2025 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773363 ITAT allowed the assessee's claim under section 54F, finding the sale proceeds were invested in a new flat and possession and sale deed were executed within the three-year construction period, so exemption could not be denied. The tribunal also deleted the addition under section 69B: the assessee was not required to maintain books, the registered sale consideration and stamp duty reconciled with bank payments, and the AO failed to seek requisite details before making the addition. Both grounds raised by the assessee were allowed. Case-Laws Income Tax Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773363