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2004 (8) TMI 354 - AT - Income Tax
Extract:
.......for the assessee to construct another house even though on the date of transfer he already held the residential house. Therefore keeping in view the change in law, the assessee s claim for exemption under section 54F of the Act in relation to the sum of Rs. 10,000 is allowed. 32. In the result, the appeal directed by the assessee is partly allowed.