INCOME TAX OFFICER, WARD-2(1), HYDERABAD vs. NARASIMHA REDDY DUTHALA, HYDERABAD

In the result, appeal of the Revenue is dismissed

capital gains account scheme. The Assessing Officer denied the exemption on multiple grounds, including owning more than one residential house, not investing within the due date, and purchasing vacant land.", "held": "The Tribunal held that the assessee is eligible for exemption under Section 54F. The Tribunal found that the gift of a property to the daughter was valid despite

KAVYA BOPPANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal filed by the Revenue is dismissed