https://www.taxtmi.com/caselaws?id=427400 The Tribunal concluded that the CPC Bangalore lacked jurisdiction to disallow the deduction under section 80P for late filing of the return for the AYs 2018-19 and 2019-20. The enabling provisions were introduced by the Finance Act, 2021, effective from AY 2020-21. Therefore, the disallowance was not in accordance with the law, leading to the allowance of the appeals of the assessees. The decision applies to all remaining appeals with similar facts, resulting in the setting aside of disallowances. en-us Tue, 30 Aug 2022 00:00:00 +0530 Mon, 13 Apr 2026 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427400 The Tribunal concluded that the CPC Bangalore lacked jurisdiction to disallow the deduction under section 80P for late filing of the return for the AYs 2018-19 and 2019-20. The enabling provisions were introduced by the Finance Act, 2021, effective from AY 2020-21. Therefore, the disallowance was not in accordance with the law, leading to the allowance of the appeals of the assessees. The decision applies to all remaining appeals with similar facts, resulting in the setting aside of disallowances. Case-Laws Income Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427400