Tribunal held that though the amount not deposited in a separate capital gains account before due date of filing of return, capital gain invested for acquiring another property with in specified u/s 54F of the Act is entitle to exemption. (AY-2014-15)
Dipal Sureshbhai Patel v. ITO (2021) 211 TTJ 30 (UO) (Ahd.)(Trib.)
S. 54F : Capital gains-Investment in a residential house-Amount not deposited in a sperate capital gains account before due date of filing of return-Capital gain invested for acquiring another property with in specified u/s 54F of the Act-Entitle to exemption. [S. 45, 139(1)]