https://www.taxtmi.com/caselaws?id=780203 ITAT (Ahmedabad) set aside the issue to the AO with directions to verify the allotment letter, construction agreement and registered sale deed against bank statements and the capital gain account. After such reconciliation and affording the assessee a hearing, the AO is to allow exemption under section 54, treating the investment as construction of a residential house within the three-year period. The appeal of the assessee is allowed for statistical purposes. en-us Thu, 09 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780203 ITAT (Ahmedabad) set aside the issue to the AO with directions to verify the allotment letter, construction agreement and registered sale deed against bank statements and the capital gain account. After such reconciliation and affording the assessee a hearing, the AO is to allow exemption under section 54, treating the investment as construction of a residential house within the three-year period. The appeal of the assessee is allowed for statistical purposes. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780203