Exemption Denied: Land Bought in Sons' Names Doesn't Qualify for Sections 54B and 54F Income Tax Benefits.

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....Exemption u/s.54B and 54F - new piece of land was purchased by the assessee in the names of his two sons - Once the assessee was not the owner of the property, there could obviously have been no question of allowing exemption u/ss.54B or 54F- AT....