TMI Blog2017 (8) TMI 1563X X X X Extracts X X X X X X X X Extracts X X X X ..... definition of the expression assessee . Commissioner (Appeals) as well as the Tribunal held that the investment made by the assessee was qualified for the benefit of Section 54F. Revenue attempted to raise one more objection, namely, that the construction of the residential property was not completed. But the Tribunal recorded a finding of fact in paragraph-11.1 to the effect that the assessee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 61, raising the following substantial questions of law: (i) Whether on the facts and in the circumstances of the case, the order of the Tribunal is not perverse in holding that the assessee is entitled for exemption u/S.54F of the Act? and (ii) Whether, on the facts and in the circumstances of the case, the Tribunal is correct in allowing deduction u/S.54F of the Act for a prop ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he name of his wife and not in his name. 4. However, the Commissioner (Appeals) allowed the appeal filed by the assessee and the said order was also confirmed by the Tribunal. Aggrieved by the concurrent orders passed by the Commissioner (Appeals) and the Tribunal, the Revenue has come up with the above appeal. 5. It is seen from the orders of the Commissioner (Appeals) and the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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