In the result, the appeal of the assessee bearing ITA No
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
capital gain. So, theissuewas needed to be investigated. The assessee has claimed I.T.A. No.72/Asr/2022 5 Assessment Year: 2011-12 exemption u/s 54 amounting to Rs.22,84,849/-. The grievance of the ld. PCIT that the ld. AO had not raised any query to verify the genuineness of the exemption claimed nor verify as to whether the pre-requisite required being