https://www.taxtmi.com/caselaws?id=238990 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 54 of the Income Tax Act. The Tribunal confirmed that the term "due date" includes the extended filing date under section 139(4), thereby validating the assessee's investment made after the initial due date. The Revenue's appeal was dismissed, affirming the eligibility of the assessee for the deduction of Rs. 40 lakhs under section 54. en-us Thu, 24 Jan 2013 00:00:00 +0530 Wed, 23 Oct 2013 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238990 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 54 of the Income Tax Act. The Tribunal confirmed that the term "due date" includes the extended filing date under section 139(4), thereby validating the assessee's investment made after the initial due date. The Revenue's appeal was dismissed, affirming the eligibility of the assessee for the deduction of Rs. 40 lakhs under section 54. Case-Laws Income Tax Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238990