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2023 (7) TMI 849 - ITAT VISAKHAPATNAMDeduction u/s 80P - Adjustment u/s 143(1) - deduction denied as return was filed beyond the due date u/s 139(1) - HELD THAT:- The provisions of section 80AC(ii) amendment, which made it clear that any deduction that is claimed under para ‘c’ of Chapter VI A would be admissible, only if the return of income in that case is filed within the prescribed due date. No claim under any of the provisions of para ‘c’ of Chapter VIA would be admissible in the case of belated return. CIT(A) dismissed the appeal of the assessee relying on the decision of AA520 Veerappampalayam Primary Agricultural Cooperative Credit Society Ltd [2021 (4) TMI 1169 - MADRAS HIGH COURT] Similar issue was adjudicated by the Tribunal in the case of Unagatla Large Sized Co-operative Credit Society Ltd., Chagallu Mandal [2023 (3) TMI 1386 - ITAT VISAKHAPATNAM] against the assessee, relying on the decision in the case of AA520 Veerappampalayam Primary Agricultural Cooperative Credit Society Ltd [2021 (4) TMI 1169 - MADRAS HIGH COURT] - Decided against assessee.
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