https://www.taxtmi.com/caselaws?id=771785 Section 80IB(10) deductions were held to depend on compliance with Section 80AC once that provision came into force on 01.04.2006. For income relating to the previous year 2005-06, the bar in Section 80AC did not apply, so the deduction remained available for assessment year 2006-07. For assessment years 2007-08 onwards, the absence of a claim in the return filed within the due date under Section 139(1) prevented allowance of the deduction. The court distinguished authorities relied on by the assessee because they did not address the specific restriction introduced by Section 80AC. en-us Fri, 09 May 2025 00:00:00 +0530 Mon, 09 Feb 2026 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771785 Section 80IB(10) deductions were held to depend on compliance with Section 80AC once that provision came into force on 01.04.2006. For income relating to the previous year 2005-06, the bar in Section 80AC did not apply, so the deduction remained available for assessment year 2006-07. For assessment years 2007-08 onwards, the absence of a claim in the return filed within the due date under Section 139(1) prevented allowance of the deduction. The court distinguished authorities relied on by the assessee because they did not address the specific restriction introduced by Section 80AC. Case-Laws Income Tax Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771785