https://www.taxtmi.com/caselaws?id=417731 The Tribunal allowed the Assessee's appeal, granting the deduction under Section 54 for the amount of capital gain utilized until the filing of the return under Section 139(4). The Tribunal emphasized that the extended due date under Section 139(4) should be considered for claiming the deduction, aligning with the judgments of various High Courts. The appeal filed by the Assessee was allowed on 19/01/2022. en-us Wed, 19 Jan 2022 00:00:00 +0530 Mon, 31 Jan 2022 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417731 The Tribunal allowed the Assessee's appeal, granting the deduction under Section 54 for the amount of capital gain utilized until the filing of the return under Section 139(4). The Tribunal emphasized that the extended due date under Section 139(4) should be considered for claiming the deduction, aligning with the judgments of various High Courts. The appeal filed by the Assessee was allowed on 19/01/2022. Case-Laws Income Tax Wed, 19 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417731