https://www.taxtmi.com/caselaws?id=55671 The Tribunal ruled in favor of the assessee in a case concerning the correct date of sale of shares for Long Term Capital Gains and eligibility for relief under section 54F for purchasing a residential flat. The Tribunal held that the transaction constituted a valid purchase under section 54F, rejecting the Commissioner's decision to withdraw the relief. The Tribunal emphasized that the CIT's conclusive finding on the relief's eligibility made the Commissioner's order under section 263 unwarranted, ultimately allowing the appeal in favor of the assessee. en-us Fri, 05 Feb 1993 00:00:00 +0530 Sun, 06 Feb 2011 03:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55671 The Tribunal ruled in favor of the assessee in a case concerning the correct date of sale of shares for Long Term Capital Gains and eligibility for relief under section 54F for purchasing a residential flat. The Tribunal held that the transaction constituted a valid purchase under section 54F, rejecting the Commissioner's decision to withdraw the relief. The Tribunal emphasized that the CIT's conclusive finding on the relief's eligibility made the Commissioner's order under section 263 unwarranted, ultimately allowing the appeal in favor of the assessee. Case-Laws Income Tax Fri, 05 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55671