Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalआयकर अपील सं./Ita No. 169/Rjt/2016 िनधा"रण वष"/Asstt. Years: 2012-2013 Income-Tax Officer, Shri Maldebhai Naranbhai Varotaria, Ward-1(3), Vs. Madhav Corporation, Jamnagar 3Rd Floor, Avantika Complex, Limda Lane Corner, Jamnagar.

Capital Gain Tax, have been fulfilled i.e. agricultural land has been purchased within 2 years by investing gain arising on sale of land. Hence the appellant is very much eligible for exemption. The court cases cited by the appellant too are in his favour. Hence the AO is directed to allow exemption claimed by the appellant. 8 Being aggrieved