Deduction u/s. 80P inadmissible as return filed after due date prescribed u/s. 139(1): ITAT Ahmedabad

Dared Seva Sahkari Mandali Ltd Vs Assessment Unit (ITAT Ahmedabad)

ITAT Ahmedabad held that claim of deduction u/s 80P is admissible only when the claim of deduction u/s 80P is made in the return of income filed on or before the due date prescribed u/s 139(1). Thus, deduction u/s. 80P inadmissible when return is filed after due date prescribed u/s. 139(1).

Facts- The Assessing Officer assessed income u/s. 147 r.w.s. 144B of the Act assessing total income of assessee at ‘ Nil’ , but vide computation sheet issued by the Assessing Officer which was part of

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