https://www.taxtmi.com/caselaws?id=426790 The Tribunal dismissed the appeal of the assessee concerning the disallowance of deduction claimed under section 80P of the Income Tax Act for the AY 2017-18 due to non-filing of the return of income. The Tribunal held that since the assessee failed to file the return claiming the deduction as required under section 80A(5), no deduction could be allowed. The Tribunal also found the filing of the return under section 139(4) after completion of assessment invalid for claiming the deduction. Despite additional grounds raised by the assessee, the Tribunal upheld the Revenue Authorities' orders and emphasized the importance of complying with statutory requirements for claiming deductions. en-us Tue, 23 Aug 2022 00:00:00 +0530 Thu, 25 Aug 2022 08:14:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426790 The Tribunal dismissed the appeal of the assessee concerning the disallowance of deduction claimed under section 80P of the Income Tax Act for the AY 2017-18 due to non-filing of the return of income. The Tribunal held that since the assessee failed to file the return claiming the deduction as required under section 80A(5), no deduction could be allowed. The Tribunal also found the filing of the return under section 139(4) after completion of assessment invalid for claiming the deduction. Despite additional grounds raised by the assessee, the Tribunal upheld the Revenue Authorities' orders and emphasized the importance of complying with statutory requirements for claiming deductions. Case-Laws Income Tax Tue, 23 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426790