Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (1) TMI 29 - AT - Income TaxClaim deduction u/s.80IA - income derived from power generation using wind energy - return filled beyond the due date for filing the return u/s 139(1) - mandation of filling return of income on time - Held that:- Referring to Special Bench of the Tribunal in the case of M/s. Saffire Garments [2012 (12) TMI 193 - ITAT RAJKOT] we hold that the provisions under section 80AC requiring the assessee to furnish the return of income before due date specified under section 139(1) is mandatory and not directory. In view of the above discussion and considering the facts and circumstances of the case, we do not find any error or illegality in the orders of authorities below. Consequently, the appeal by the assessee is dismissed.
|