Exemption u/s 54F allowed for LTCG despite plot in mother's name; Grampanchayat NOC supports assessee's claim.

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....Disallowance of exemption u/s 54F - LTCG - construction of bungalow on the plot of land was in the name of mother - approval for house construction and NOC has been given by the Grampanchayat in the name of assessee - Benefit of exemption allowed.....