https://www.taxtmi.com/caselaws?id=214890 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to delete the disallowance of Rs.14,62,362/- and permit the full deduction of Rs.1,90,95,606/- under Section 54 of the Income Tax Act. The Tribunal held that the due date for investment under Section 54 includes the extended period under Section 139(4), in line with precedents and rulings favoring the assessee in similar cases. en-us Mon, 11 Jun 2012 00:00:00 +0530 Thu, 19 Jul 2012 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214890 The Tribunal allowed the appeal filed by the assessee, directing the Assessing Officer to delete the disallowance of Rs.14,62,362/- and permit the full deduction of Rs.1,90,95,606/- under Section 54 of the Income Tax Act. The Tribunal held that the due date for investment under Section 54 includes the extended period under Section 139(4), in line with precedents and rulings favoring the assessee in similar cases. Case-Laws Income Tax Mon, 11 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214890