Court Upholds Tax Exemption for Overseas Property Investment u/s 54F, Citing Prior Division Bench Judgment.

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....Exemption u/s 54F in respect of investment made in a house property in USA (foreign country) - In the light of the judgment delivered by Division Bench of this Court, as the controversy involved has already been adjudicated, the questions of law are answered against the revenue and in favour of the assessee. - HC....