https://www.taxtmi.com/forum/issue?id=115284 A primary agricultural cooperative society filed its return after the due date and received an intimation disallowing its cooperative-society exemption without stating a reason. The matter raises the issue that, from the relevant assessment year, deductions of the Chapter VIA type, including the cooperative exemption, are not allowable for returns filed after the due date, similar to limits on carrying forward business losses for belated returns, and prompts questions about available remedies where a deadline extension was effectively missed due to flood-related delay. en-us Mon, 05 Aug 2019 11:34:16 +0530 Thu, 23 Jan 2025 15:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115284 A primary agricultural cooperative society filed its return after the due date and received an intimation disallowing its cooperative-society exemption without stating a reason. The matter raises the issue that, from the relevant assessment year, deductions of the Chapter VIA type, including the cooperative exemption, are not allowable for returns filed after the due date, similar to limits on carrying forward business losses for belated returns, and prompts questions about available remedies where a deadline extension was effectively missed due to flood-related delay. Discussion-Forum Income Tax Mon, 05 Aug 2019 11:34:16 +0530 https://www.taxtmi.com/forum/issue?id=115284