https://www.taxtmi.com/caselaws?id=236968 Deduction under s.80IB was denied solely because returns were not filed within the due date under s.139(1), but were filed pursuant to notice under s.153A after a search. The Tribunal held that a return filed under s.153A is deemed, by s.153A(1)(a), to be a return under s.139(1); hence the condition in s.80AC was inapplicable on these facts and the deduction under s.80IB was allowable. On interest, the Tribunal held that s.234A and s.234B interest could run only with reference to the recomputation/enhancement under s.153A, i.e., on the differential tax from the s.143(1) determination (read with s.153A) to the s.143(3) determination (read with s.153A). en-us Mon, 04 Feb 2013 00:00:00 +0530 Fri, 02 Jan 2026 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236968 Deduction under s.80IB was denied solely because returns were not filed within the due date under s.139(1), but were filed pursuant to notice under s.153A after a search. The Tribunal held that a return filed under s.153A is deemed, by s.153A(1)(a), to be a return under s.139(1); hence the condition in s.80AC was inapplicable on these facts and the deduction under s.80IB was allowable. On interest, the Tribunal held that s.234A and s.234B interest could run only with reference to the recomputation/enhancement under s.153A, i.e., on the differential tax from the s.143(1) determination (read with s.153A) to the s.143(3) determination (read with s.153A). Case-Laws Income Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236968