https://www.taxtmi.com/caselaws?id=461373 ITAT Bangalore denied deduction under section 80P to assessee for failing to file return of income within prescribed due date under section 139(1). The Tribunal followed Kerala HC precedent in Nileshwar Range case and its own decision in Madhu Souharda case, both ruling in favor of Revenue. The issue was settled law that timely filing of return is mandatory for claiming section 80P deduction. en-us Thu, 17 Oct 2024 00:00:00 +0530 Wed, 02 Apr 2025 08:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461373 ITAT Bangalore denied deduction under section 80P to assessee for failing to file return of income within prescribed due date under section 139(1). The Tribunal followed Kerala HC precedent in Nileshwar Range case and its own decision in Madhu Souharda case, both ruling in favor of Revenue. The issue was settled law that timely filing of return is mandatory for claiming section 80P deduction. Case-Laws Income Tax Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461373