https://www.taxtmi.com/caselaws?id=751528 The Tribunal allowed the assessee's appeal, granting the deduction claim of Rs. 19,33,650/- under section 80P(2)(a)(i) for the assessment year 2017-18. It determined that the amended provision under section 80AC, mandating timely return filing, was not applicable for this assessment year. The Tribunal emphasized substantial justice by condoning the filing delay and relied on a Supreme Court precedent to accept the deduction claim. The order was pronounced on 16.04.2024. en-us Tue, 16 Apr 2024 00:00:00 +0530 Thu, 18 Apr 2024 08:28:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751528 The Tribunal allowed the assessee's appeal, granting the deduction claim of Rs. 19,33,650/- under section 80P(2)(a)(i) for the assessment year 2017-18. It determined that the amended provision under section 80AC, mandating timely return filing, was not applicable for this assessment year. The Tribunal emphasized substantial justice by condoning the filing delay and relied on a Supreme Court precedent to accept the deduction claim. The order was pronounced on 16.04.2024. Case-Laws Income Tax Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751528