2015 (11) TMI 1000

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....NT 1. This appeal by the Revenue challenges the order dated 4th July 2012 passed by the Income Tax Appellate Tribunal (the 'Tribunal). The impugned order has allowed the claim of the respondent-asessee For exemption under Section 54 of the Income Tax Act, 1961 (the 'Act') inrespect of exchange of old flat for a new constructed building. The impugned order of the tribunal has allo....