https://www.taxtmi.com/highlights?id=60708 Deduction u/s. 54F - If, the capital gain amount is utilized before the due date of filing of return of income u/s. 139 of the Act i.e. 31-03-2014 u/s. 139(4) of the Act. Therefore, it is clear that section 139 includes all sub-sections but not confined to sub-section (1) of section 139 of the Act alone. It is evident that the assessee invested amount of capital gains before the time available u/s. 139(4) of the Act and therefore, in our opinion the assessee is entitled to claim deduction u/s. 54F - AT en-us Tue, 30 Nov 2021 13:44:56 +0530 Tue, 30 Nov 2021 13:44:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60708 Deduction u/s. 54F - If, the capital gain amount is utilized before the due date of filing of return of income u/s. 139 of the Act i.e. 31-03-2014 u/s. 139(4) of the Act. Therefore, it is clear that section 139 includes all sub-sections but not confined to sub-section (1) of section 139 of the Act alone. It is evident that the assessee invested amount of capital gains before the time available u/s. 139(4) of the Act and therefore, in our opinion the assessee is entitled to claim deduction u/s. 54F - AT Highlights Income Tax Tue, 30 Nov 2021 13:44:56 +0530 https://www.taxtmi.com/highlights?id=60708