https://www.taxtmi.com/caselaws?id=443598 The appeals focused on the validity of denying deduction under section 80P of the Income Tax Act during return processing under section 143(1)(a). The issue revolved around the applicability of section 143(1)(a)(v) and section 143(1)(a)(ii) for disallowing deductions under Chapter VI-A(C) for Assessment Year 2019-20. The Tribunal ruled that the disallowance of deduction under section 80P before the amendment to section 143(1)(a)(v) in 2021 was not valid. The appeals were allowed, and the disallowance of deduction under section 80P for the relevant assessment year was deemed invalid. en-us Mon, 25 Sep 2023 00:00:00 +0530 Thu, 28 Sep 2023 08:45:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443598 The appeals focused on the validity of denying deduction under section 80P of the Income Tax Act during return processing under section 143(1)(a). The issue revolved around the applicability of section 143(1)(a)(v) and section 143(1)(a)(ii) for disallowing deductions under Chapter VI-A(C) for Assessment Year 2019-20. The Tribunal ruled that the disallowance of deduction under section 80P before the amendment to section 143(1)(a)(v) in 2021 was not valid. The appeals were allowed, and the disallowance of deduction under section 80P for the relevant assessment year was deemed invalid. Case-Laws Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443598