Section 54F deduction cannot be denied merely for non-registration of conveyance deed

ITO Vs Smt. Swati Oberoi (ITAT Delhi) In ITO vs. Smt. Swati Oberoi [ITA No. 4150/Del./2018 decided July 30, 2021], ITO, Ward 32(4), New Delhi (Appellant) sought an appeal to set aside the order dated March 23, 2018 (Impugned Order) passed by the Commissioner of Income-Tax (Appeals) (Revenue) allowing the benefit of capital gain deduction under Section 54F of the Income Tax Act, 1961 (IT Act) to Smt. Swati Oberoi (Respondent). The Respondent filed return of Income (ROI) of Rs Rs.15,06,65/- for the relevant year which was subjected to scrutiny. The Assessing Officer (AO), during the scrutiny pro...