https://www.taxtmi.com/caselaws?id=466616 Claim for reinvestment exemption for long term capital gains into a residential property registered in the assessee's deceased mother's name raises ownership and succession issues; the legal test requires that the purchaser be the assessee or that clear legal transmission establishes entitlement. The tribunal found material gaps on co ownership, source and character of the assessee's contribution, and post death transmission of title, and held further factual inquiry by the assessing officer is required. The appellate order was set aside and the matter remitted for fresh adjudication after examining succession/inheritance documents, co ownership evidence and affording the assessee an opportunity to be heard. en-us Wed, 26 Feb 2025 00:00:00 +0530 Fri, 13 Feb 2026 19:07:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466616 Claim for reinvestment exemption for long term capital gains into a residential property registered in the assessee's deceased mother's name raises ownership and succession issues; the legal test requires that the purchaser be the assessee or that clear legal transmission establishes entitlement. The tribunal found material gaps on co ownership, source and character of the assessee's contribution, and post death transmission of title, and held further factual inquiry by the assessing officer is required. The appellate order was set aside and the matter remitted for fresh adjudication after examining succession/inheritance documents, co ownership evidence and affording the assessee an opportunity to be heard. Case-Laws Income Tax Wed, 26 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466616