https://www.taxtmi.com/caselaws?id=312899 ITAT Bangalore allowed the assessee's appeal regarding section 80P deduction claim. Revenue authorities wrongly denied the deduction solely because no return was filed for AY 2017-18. The tribunal held that section 80A(5) applies only when a return is filed but deduction not claimed therein, not when no return is filed. Section 80AC provisions don't apply to section 80P deductions. The matter was remanded to AO for fresh examination of eligibility conditions and quantum of section 80P deduction. en-us Mon, 13 Jun 2022 00:00:00 +0530 Wed, 13 Mar 2024 17:53:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312899 ITAT Bangalore allowed the assessee's appeal regarding section 80P deduction claim. Revenue authorities wrongly denied the deduction solely because no return was filed for AY 2017-18. The tribunal held that section 80A(5) applies only when a return is filed but deduction not claimed therein, not when no return is filed. Section 80AC provisions don't apply to section 80P deductions. The matter was remanded to AO for fresh examination of eligibility conditions and quantum of section 80P deduction. Case-Laws Income Tax Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312899