Sec 54F – Deposit in capital gains account scheme by sec 139(4) due date sufficient

HIGH COURT OF PUNJAB AND HARAYANA AT CHANDIGARH ITA No. 71 of 2012 (O&M) Date of Decision: 20.3.2013 The Commissioner of Income Tax, Rohtak Versus Shri Jagtar Singh Chawla ORDER Hemant Gupta, J.  The Revenue is in appeal under Section 260A of the Income Tax Act, 1961 (for short `the Act’) against an order dated 30.6.2011 passed by the Income Tax Appellate Tribunal, Delhi Bench `D’ New Delhi (for short `the Tribunal’) in ITA No. 4923/Del/2010 for the assessment year 2007-08. The Revenue has sought the following substantial question of law:- “Wheth...