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2018 (9) TMI 407 - AT - Income TaxEntitlement to the claim of deduction u/s 80P(2)(a)(i) - no return filed - Held that:- It is undisputed that the assessee has not filed return of income for the relevant assessment year. The Hon’ble jurisdictional High Court in the case of The Chirakkal Service Co-operative Bank Ltd. & Ors. (2016 (4) TMI 826 - KERALA HIGH COURT), had categorically held that no deduction u/s 80P shall be allowed when no return of income has been filed for a particular assessment year. Since the assessee has not filed the return of income for the relevant assessment year, deduction u/s 80P(2) of the I. T. Act cannot be granted - Decided against assessee.
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