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2020 (8) TMI 67 - AT - Income TaxBenefit of deduction u/s. 54F denied - Admission of additional evidence - addition under the head LTCG with respect to the sale of her commercial property - AR argued by stating that the additional evidence submitted by the assessee will establish that the assessee is entitled to the claim of deduction - HELD THAT:- On examining the paper book submitted by the assessee we are of the considered view that it is quite relevant for deciding the claim of the assessee for obtaining the benefit of deduction U/s. 54 / 54F. Assessee is not engaged in any other activities and solely dependent on her husband / family. Therefore, it is quite possible that the assessee might not have been able to provide the requisite documents before the Ld. Revenue Authorities at the time of hearing. Hence, in the interest of justice, we hereby remit the matter back to the file of Ld. AO with directions to admit the additional evidence filed before us and also any other relevant documents filed by the assessee for the first time and thereafter decide the issue afresh in accordance with merit and law after providing proper opportunity to the assessee of being heard. Appeal of the assessee is allowed for statistical purposes Order being pronounced after ninety (90) days of hearing - COVID-19 pandemic and lockdown - HELD THAT:- Taking note of the extraordinary situation in the light of the COVID-19 pandemic and lockdown, the period of lockdown days need to be excluded. See case of DCIT vs. JSW Limited [2020 (5) TMI 359 - ITAT MUMBAI]
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