High Court Denies Tax Deduction for Late Filing u/s 80-IB; Timely Returns Crucial for Benefits.
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Income TaxMay 9, 2018Case LawsHC
Deduction u/s 80-IB - failure to file return u/s 139(1) within stipulated time - Benefit of deduction cannot be allowed based on the basis of belated return filed u/s 139(4) - HC
Deduction u/s 80-IB - failure to file return u/s 139(1) within stipulated time - Benefit of deduction cannot be allowed based on the basis of belated return filed u/s 139(4) - HC
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