https://www.taxtmi.com/caselaws?id=792664 Section 54F exemption was treated as a beneficial provision requiring liberal construction where the assessee booked a flat and paid substantial consideration within the stipulated period. The investment, made through staged construction-linked payments, was supported by CBDT circulars treating such arrangements as construction cases, and even on the purchase limb, substantial payment and acquired domain over the flat were sufficient. Registration of the sale deed was not regarded as mandatory for the claim, and the disallowance was set aside. en-us Fri, 29 May 2026 00:00:00 +0530 Mon, 01 Jun 2026 08:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792664 Section 54F exemption was treated as a beneficial provision requiring liberal construction where the assessee booked a flat and paid substantial consideration within the stipulated period. The investment, made through staged construction-linked payments, was supported by CBDT circulars treating such arrangements as construction cases, and even on the purchase limb, substantial payment and acquired domain over the flat were sufficient. Registration of the sale deed was not regarded as mandatory for the claim, and the disallowance was set aside. Case-Laws Income Tax Fri, 29 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792664