https://www.taxtmi.com/caselaws?id=194753 The Tribunal allowed the assessee's appeal concerning the deduction under Section 54 of the Income Tax Act, 1961. It held that the date of possession, 11.09.2009, should be considered for the deduction, as it fell within the prescribed time limit. This decision overturned the rulings of the Assessing Officer and the CIT(A), granting the assessee the entitlement to the deduction. en-us Wed, 08 Jun 2016 00:00:00 +0530 Fri, 13 Mar 2026 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194753 The Tribunal allowed the assessee's appeal concerning the deduction under Section 54 of the Income Tax Act, 1961. It held that the date of possession, 11.09.2009, should be considered for the deduction, as it fell within the prescribed time limit. This decision overturned the rulings of the Assessing Officer and the CIT(A), granting the assessee the entitlement to the deduction. Case-Laws Income Tax Wed, 08 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194753