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2008 (7) TMI 118 - HC - Income TaxExemption claimed by assessee u/s 54EA on enhanced compensation was denied by AO on the ground that compensation amount was received on July 21, 1999, but the investment was made on June 1, 1999 i.e. prior to receipt of compensation – held that section 54 EA doesn’t prevent the assessee from making the investment out of the available compensation amount even before enhanced compensation is received – investment made was in accordance with statutory provision so exemption is entitled
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