https://www.taxtmi.com/caselaws?id=763580 The ITAT Lucknow held that the assessee's claim for deduction under section 80P was not affected by section 80AC provisions for assessment year 2019-20. Despite the return being treated as belated by CIT(A), the tribunal found that section 80AC restrictions did not apply to Chapter VI-A deductions during return processing and adjustments under section 143(1). The tribunal directed the AO to allow the section 80P deduction claim and allowed the assessee's appeal. en-us Tue, 26 Nov 2024 00:00:00 +0530 Mon, 13 Apr 2026 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763580 The ITAT Lucknow held that the assessee's claim for deduction under section 80P was not affected by section 80AC provisions for assessment year 2019-20. Despite the return being treated as belated by CIT(A), the tribunal found that section 80AC restrictions did not apply to Chapter VI-A deductions during return processing and adjustments under section 143(1). The tribunal directed the AO to allow the section 80P deduction claim and allowed the assessee's appeal. Case-Laws Income Tax Tue, 26 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763580