https://www.taxtmi.com/caselaws?id=309981 The Tribunal ruled in favor of the assessee, finding that the disallowance of deduction claimed under section 80P of the Income Tax Act for the assessment year 2018-19 was not justified. It held that the amendment enabling such disallowance was effective only from the assessment year 2021-22 onwards and did not apply to the impugned year. The Tribunal also determined that the Assessing Officer lacked the jurisdiction to disallow the claim under section 143(1) without specific grounds, as per the pre-amendment provisions. Consequently, the order disallowing Rs. 7,35,190/- was reversed, and the appeal of the assessee was allowed. en-us Mon, 05 Jun 2023 00:00:00 +0530 Fri, 29 Sep 2023 07:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309981 The Tribunal ruled in favor of the assessee, finding that the disallowance of deduction claimed under section 80P of the Income Tax Act for the assessment year 2018-19 was not justified. It held that the amendment enabling such disallowance was effective only from the assessment year 2021-22 onwards and did not apply to the impugned year. The Tribunal also determined that the Assessing Officer lacked the jurisdiction to disallow the claim under section 143(1) without specific grounds, as per the pre-amendment provisions. Consequently, the order disallowing Rs. 7,35,190/- was reversed, and the appeal of the assessee was allowed. Case-Laws Income Tax Mon, 05 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309981