Adjustments for disallowance of deduction u/s 80P not authorized to be carried out by CPC

Sai Prerana Co-op. Credit Society Ltd. Vs ITO (ITAT Mumbai) ITAT Mumbai held that CPC (Centralised Processing Centre) is not authorized to carry out adjustments for disallowance of deduction under section 80P of the Income Tax Act. Facts- The assessee filed return of income claiming deduction u/s 80P of the Act on 19.09.2017. While processing the return, the Ld. CPC denied the deduction claimed of Rs.1,82,74,406/- u/s 80P of the Act. On further appeal, the Ld. CIT(A) held that the order u/s 143(1) of the Act has merged with the assessment orderu/s 143(3) of the Act dated 17.12.2019 wherein the...