Tax Deduction Eligibility u/s 54: Sale Proceeds Not Directly Used Still Qualify for New House Investment.

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....Deduction/Exemption u/s 54 - nexus between sale consideration received on sale of old asset and source of investment in new house - amount contributed by the Appellant’s husband towards reinvestment in new house property - benefit u/s.54 of the Act cannot be denied on the ground that sale proceeds of the original asset sold was not utilized for the purpose of purchase of new asset.....