https://www.taxtmi.com/caselaws?id=450831 ITAT Pune denied deduction u/s 80P to assessee who failed to file return of income and never claimed the deduction before AO during assessment proceedings. Tribunal held that as per Section 80A(5), deduction u/s 80P must be claimed in return of income. Since no return was filed and no documents proved claim was made before AO, deduction was rightly disallowed. Tribunal relied on Gujarat HC decision in Rachna Infrastructure case establishing similar principle for Section 80IA deduction. Appeal decided against assessee. en-us Fri, 08 Mar 2024 00:00:00 +0530 Wed, 13 Mar 2024 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450831 ITAT Pune denied deduction u/s 80P to assessee who failed to file return of income and never claimed the deduction before AO during assessment proceedings. Tribunal held that as per Section 80A(5), deduction u/s 80P must be claimed in return of income. Since no return was filed and no documents proved claim was made before AO, deduction was rightly disallowed. Tribunal relied on Gujarat HC decision in Rachna Infrastructure case establishing similar principle for Section 80IA deduction. Appeal decided against assessee. Case-Laws Income Tax Fri, 08 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450831