Denial of deduction u/s 80P as return was not filed within due date is unjustified

Nava Ujala Seva Sahakari Mandali Ltd Vs DCIT/ACIT(CPC) (ITAT Rajkot) ITAT Rajkot held that the claim of deduction u/s 80P of the Act cannot be denied only on the basis that the assessee did not file its return of income within due date u/s 139(1) of the Income Tax Act. Facts- The assessee is a co-operative society, who filed return of income on 30-11-2020 declaring total income of Nil and claimed deduction of Rs. 2,12,008/- under section 80P of the Act. Thereafter, the assessee received intimation under section 143(1)(a) of the Act making adjustment in the returned income and not granting dedu...