No denial of Sec. 54F exemption just because new house was let out by assessee for commercial purpose

INCOME TAX : Where reopening notice was issued against assessee on ground that land sold by it was situated within limits of city corporation and same could not be treated as an agricultural land as claimed by assessee, since assessee had already brought entire details about sale of land during original assessment and Assessing Officer had no new tangible material available to clarify its reopening, impugned reopening was unjustified

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