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2018 (1) TMI 1420 - AT - Income TaxRevision u/s 263 - Claim of deduction u/s 54F denied - date of investment towards new residential property was on 18.11.2009 which was not one year prior to the date of transfer i.e., 09.05.2011 and hence not eligible for deduction - Held that:- We find that on identical issue the Co-ordinate Bench of the Tribunal in the case of ITO Vs. Narshivha Amrutrao (2015 (3) TMI 1014 - ITAT PUNE) after relying on the decision of Beena K. Jain (1993 (11) TMI 7 - BOMBAY HIGH COURT) has decided the issue in favour of assessee stating the date to be considered is the date on which the assessee had occupied the said property and not the date on which it had entered into an agreement to purchase the property. - decided in favour of assessee.
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