TMI BlogSectio 80PX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts Kindly advice the remedy available to a Primary Agricultural Cop-Operative Society eligible for exemption u/s 80 P filed their return in first time after receiving Notices from Income Tax Department for AY 2018-19 on 30 th March 2019 .Now they received Intimation u/s 143 from CPC not allowing the 80 P Exemption and taxed the full amount at Normal rate. In this case please not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e that the due date was extended up Feb 28 due to Flood in Kerala but the benefit could not enjoyed due the fact that the date extended information was received on;ly on Feb 27, 2019. In this case what is the remedy / remedies availble the assessee agrieved by the intimation Thanks in advance - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = What is the reason indicated in Sectin 143 noti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce for not allowing deduction under section 80P ? - Reply By JAYAKUMAR MG - The Reply = Respected Sir Please note that in the instant case there is no reason specified .Only thing our claim of 80 P not allowed. It is due to the fact that from Ay 2018-19, some of the Chapter VIA deductions including 80 P is not allowed if the return submitted after due date similar to not allowing carr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y forward and set off business lossed incase of belated returns Sir Kindly advice - Sectio 80P - Query Started By: - JAYAKUMAR MG Dated:- 5-8-2019 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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