ITAT Pune Allows Section 54F Deduction Based on Date of Assignment Deed

Rajendra Supadu Jadhav Vs DCIT (ITAT Pune) ITAT allows section 54F deduction based on Date of Assignment deed for transfer of lease rights in MIDC Plots FULL TEXT OF THE ORDER OF ITAT PUNE This appeal by the assessee against the order dated 18-11-2021 passed by the National Faceless Appeal Centre, Delhi (“NFAC”) for assessment year 2016-17. 2. Ground No. 1 raised by the assessee challenging the finding of CIT(A), NFAC, Delhi in confirming the order of AO in denying the deduction u/s. 54F of the Act. 3. Heard both the parties and perused the material available on record. We note that the a...