Deduction u/s 80IA(7) of Income Tax Act allowable as return duly filed within extended time limit

Dolli Chandrashekhar Shankar (HUF) Vs ACIT (ITAT Pune) ITAT Pune held that order u/s 119 dated 27.09.2019 extending due date to 31.10.2019 in respect of cases covered under Explanation 2(a) to section 139(1) applies to HUF too. Accordingly, as return by HUF filed within extended time limit, deduction u/s 80IA(7) of Income Tax Act allowable. Facts- The only issue raised in this appeal is against disallowance of deduction u/s.80IA(7) amounting to Rs.9,21,740/- and further not permitting carry forward of current year short term capital loss amounting to Rs.1,85,900/-, in Intimation u/s 143(1) of ...