https://www.taxtmi.com/caselaws?id=428790 ITAT (AT) allowed the appeal, holding that denial of deduction under section 80P solely because the claim was made during assessment and not in the return was unjustified. Relying on SC precedents distinguishing Chapter III exemptions from Chapter VI-A deductions, the tribunal held the timing of claiming a deduction is directory; a deduction claimed during assessment must be considered. The impugned order was set aside and the matter remitted to the AO to examine the 80P deduction on merits. Appeal allowed for statistical purposes. en-us Fri, 07 Oct 2022 00:00:00 +0530 Mon, 01 Sep 2025 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428790 ITAT (AT) allowed the appeal, holding that denial of deduction under section 80P solely because the claim was made during assessment and not in the return was unjustified. Relying on SC precedents distinguishing Chapter III exemptions from Chapter VI-A deductions, the tribunal held the timing of claiming a deduction is directory; a deduction claimed during assessment must be considered. The impugned order was set aside and the matter remitted to the AO to examine the 80P deduction on merits. Appeal allowed for statistical purposes. Case-Laws Income Tax Fri, 07 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428790