https://www.taxtmi.com/caselaws?id=363439 The appeals by the assessee for the assessment years 2012-2013 and 2013-2014 were allowed for statistical purposes, directing the Assessing Officer to consider the deduction claims under section 80P. The Revenue's appeal for the assessment year 2014-2015 was dismissed, affirming the CIT(A)'s directive to grant the deduction under section 80P. The judgment highlighted the validity of belated returns for claiming deductions during ongoing assessment proceedings, following the principles established in the Chirakkal Service Co-op Bank Ltd vs CIT case. en-us Mon, 09 Jul 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363439 The appeals by the assessee for the assessment years 2012-2013 and 2013-2014 were allowed for statistical purposes, directing the Assessing Officer to consider the deduction claims under section 80P. The Revenue's appeal for the assessment year 2014-2015 was dismissed, affirming the CIT(A)'s directive to grant the deduction under section 80P. The judgment highlighted the validity of belated returns for claiming deductions during ongoing assessment proceedings, following the principles established in the Chirakkal Service Co-op Bank Ltd vs CIT case. Case-Laws Income Tax Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363439