Deduction U/s. 54F to be disallowed on failure to complete construction within 3 years

IN THE ITAT CHANDIGARH BENCH ‘B’ Anu Agarwal versus Income-tax Officer IT APPEAL NO. 655 (CHD.) OF 2011 [ASSESSMENT YEAR 2008-09] NOVEMBER 27, 2012 ORDER T.R. Sood, Accountant Member  This appeal is directed against the order passed by the CIT(A)-II, Ludhiana, dated 30.5.2011. 2. In this appeal the assessee has raised following grounds: “1.  That the ld. CIT(A)-II has erred in rejecting the claim of the appellant without appreciating the facts of the case and without application of mind.  2.  That the ld. CIT(A)-II acted with great enthusiasm in rejectin...