https://www.taxtmi.com/caselaws?id=462135 ITAT Pune ruled in favor of the assessee regarding deduction under section 80P despite delayed filing of return. The court held that section 143(1)(a)(v), which denies deduction under section 80P for belated returns, was inserted by Finance Act 2021 effective from April 1, 2021, and therefore not applicable to assessment year 2019-20. Additionally, section 143(1)(a)(ii) was also held inapplicable as deduction under section 80P was not included in the definition of "incorrect claim" under the provision. en-us Mon, 03 Apr 2023 00:00:00 +0530 Tue, 27 May 2025 15:32:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462135 ITAT Pune ruled in favor of the assessee regarding deduction under section 80P despite delayed filing of return. The court held that section 143(1)(a)(v), which denies deduction under section 80P for belated returns, was inserted by Finance Act 2021 effective from April 1, 2021, and therefore not applicable to assessment year 2019-20. Additionally, section 143(1)(a)(ii) was also held inapplicable as deduction under section 80P was not included in the definition of "incorrect claim" under the provision. Case-Laws Income Tax Mon, 03 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462135