https://www.taxtmi.com/caselaws?id=57076 The Tribunal allowed the appeal, ruling in favor of the appellant. It concluded that the appellant qualified for exemptions under sections 11(1)(a) and 11(1A) of the IT Act. The Tribunal also determined that interest under sections 234A and 234B was not applicable. The property's value was adjusted to Rs. 38,62,500, and the appellant's calculations for capital gains and exemptions were mostly upheld, providing a favorable outcome for the appellant in the case. en-us Fri, 26 Feb 1999 00:00:00 +0530 Wed, 08 Dec 2010 12:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57076 The Tribunal allowed the appeal, ruling in favor of the appellant. It concluded that the appellant qualified for exemptions under sections 11(1)(a) and 11(1A) of the IT Act. The Tribunal also determined that interest under sections 234A and 234B was not applicable. The property's value was adjusted to Rs. 38,62,500, and the appellant's calculations for capital gains and exemptions were mostly upheld, providing a favorable outcome for the appellant in the case. Case-Laws Income Tax Fri, 26 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57076