https://www.taxtmi.com/caselaws?id=400036 The Tribunal overturned the decisions of the Ld. AO and Ld. CIT (A) and directed the Ld. AO to grant deductions U/s. 80P for the relevant assessment years in favor of the Co-operative Society providing small scale loans to farmers. The Tribunal found merit in the assessee's compliance with Section 80A(5) and held that delayed filing of returns did not preclude deduction claims under Section 80P. The appeals were allowed, and the orders disallowing deductions were set aside on 28th September 2020. en-us Mon, 28 Sep 2020 00:00:00 +0530 Mon, 26 Oct 2020 11:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400036 The Tribunal overturned the decisions of the Ld. AO and Ld. CIT (A) and directed the Ld. AO to grant deductions U/s. 80P for the relevant assessment years in favor of the Co-operative Society providing small scale loans to farmers. The Tribunal found merit in the assessee's compliance with Section 80A(5) and held that delayed filing of returns did not preclude deduction claims under Section 80P. The appeals were allowed, and the orders disallowing deductions were set aside on 28th September 2020. Case-Laws Income Tax Mon, 28 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400036