https://www.taxtmi.com/caselaws?id=777797 ITAT set aside the assessment to the file of the AO for fresh consideration of an escrow-agent agreement that lower authorities had not verified; it directed the AO to examine records, afford the assessee an opportunity of hearing, and if satisfied grant deduction under s. 54B despite the earlier finding that purchase exceeded two years. The appeal by the assessee was allowed for statistical purposes, pending AO's verification and compliance with law. en-us Tue, 02 Sep 2025 00:00:00 +0530 Fri, 05 Sep 2025 08:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777797 ITAT set aside the assessment to the file of the AO for fresh consideration of an escrow-agent agreement that lower authorities had not verified; it directed the AO to examine records, afford the assessee an opportunity of hearing, and if satisfied grant deduction under s. 54B despite the earlier finding that purchase exceeded two years. The appeal by the assessee was allowed for statistical purposes, pending AO's verification and compliance with law. Case-Laws Income Tax Tue, 02 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777797