Appellant eligible for deduction u/s 54B despite not complying with section 54B(2) of the Income Tax Act.

Exemption from long term capital gain u/s 54B and 54F - where an appellant satisfies the first condition prescribed under section 54B(1) and at the same time, neither claim nor comply with the second condition as prescribed under section 54B(2) of the Act, the appellant would be eligible for deduction u/s 54B - AT .....

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