https://www.taxtmi.com/caselaws?id=434234 The Tribunal overturned the denial of deduction under section 80P to a Credit Co-op. Society for A.Y. 2019-20 due to a minor delay of 4 minutes and 42 seconds in filing the return, caused by technical glitches. Contrary to previous decisions, the Tribunal held that the statutory provisions did not disallow deductions for such delays. Emphasizing fairness and justice, the Tribunal allowed the Assessee's appeal, quashed the tax demand of Rs. 22,64,181/-, and granted the deduction under section 80P. The decision was in favor of the Assessee on 17-02-2023. en-us Fri, 17 Feb 2023 00:00:00 +0530 Mon, 20 Feb 2023 08:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434234 The Tribunal overturned the denial of deduction under section 80P to a Credit Co-op. Society for A.Y. 2019-20 due to a minor delay of 4 minutes and 42 seconds in filing the return, caused by technical glitches. Contrary to previous decisions, the Tribunal held that the statutory provisions did not disallow deductions for such delays. Emphasizing fairness and justice, the Tribunal allowed the Assessee's appeal, quashed the tax demand of Rs. 22,64,181/-, and granted the deduction under section 80P. The decision was in favor of the Assessee on 17-02-2023. Case-Laws Income Tax Fri, 17 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434234