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2023 (2) TMI 462 - ITAT RAJKOTExemption u/s 80P - return was filed beyond the due date of Section 139(1) - HELD THAT:- It is pertinent to note that the assessee though filed return of income not as per Section 139(1) of the Act due date, but prior to due date of Section 139(4) of the Act. This fact was not disputed by the Revenue at any juncture. In the light of the decision of Chirakkal Service Co-operative Bank Limited [2016 (4) TMI 826 - KERALA HIGH COURT] has observed that denying the exemption under Section 80P of the Act merely on the ground of belated filing of return by the assessee is not justifiable - Decided in favour of assessee.
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