Before the Tribunal the assessee had raised a claim towards his entitlement for claim of deduction under section 54F in respect of an investment that was made by him towards purchase of a property, vide a registered agreement. It had placed on record copy of purchase deed in support of his aforesaid entitlement towards deduction under section 54F. Tribunal remanded the matter to AO for adjudication. (AY. 2014-15)
Kishore Hira Bhandari. v. ITO (2019) 177 ITD 565 /( 2020) 205 TTJ 591(Mum.)(Trib.)
S. 54F : Capital gains-Investment in a residential house-Claim was raised first time before the Tribunal-Matter remanded for adjudication.[S. 254(1)]