2014 (9) TMI 824

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... een observed by the CIT(A) was on account of the fact that the assessee had reduced the claim for deduction u/s 54F from ₹ 1,02,39,517/- to ₹ 76,83,538 – CIT(A) has rightly observed that the issue with regard to claim for deduction u/s 54F was not examined in the order u/s 154 of the Act – decided against revenue. - ITA 465/2014 - - - Dated:- 19-8-2014 - Sanjiv Khanna And V. Kamesw .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nity was granted to the Assessing Officer to examine the issue under Section 54F of the Act. It is apparent from the order passed by the Commissioner of Income Tax (Appeals) that the Assessing Officer while passing the order under Section 154 did not appreciate and notice the correct facts. Earlier also, the Assessing Officer while passing order under Section 143(3) did not notice the revised r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X