https://www.taxtmi.com/caselaws?id=777252 ITAT allowed the appeal for statistical purposes against disallowance of deduction under s.54B. The assessing authority had denied the deduction on findings that the sold land was not shown to be used for agriculture in the preceding two years and that replacement land was acquired prior to the sale. ITAT found the CIT(A) order was ex parte and the assessee was not given adequate opportunity to present evidence; material factual contentions supported by documents were not examined, warranting remand. en-us Mon, 25 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777252 ITAT allowed the appeal for statistical purposes against disallowance of deduction under s.54B. The assessing authority had denied the deduction on findings that the sold land was not shown to be used for agriculture in the preceding two years and that replacement land was acquired prior to the sale. ITAT found the CIT(A) order was ex parte and the assessee was not given adequate opportunity to present evidence; material factual contentions supported by documents were not examined, warranting remand. Case-Laws Income Tax Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777252