https://www.taxtmi.com/caselaws?id=773792 The ITAT Cochin dismissed the appeal of a primary agricultural credit cooperative society seeking deduction under section 80P. The society failed to file its return of income despite being required under sections 139(1) and 142(1). The tribunal held that section 80A(5) mandates claiming deduction under section 80P in the return of income. Since no return was filed, the society could not claim the deduction, following the precedent in Nileshwar Range Kallu Chethu case. The appeal was decided against the assessee. en-us Wed, 14 May 2025 00:00:00 +0530 Sat, 28 Jun 2025 08:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773792 The ITAT Cochin dismissed the appeal of a primary agricultural credit cooperative society seeking deduction under section 80P. The society failed to file its return of income despite being required under sections 139(1) and 142(1). The tribunal held that section 80A(5) mandates claiming deduction under section 80P in the return of income. Since no return was filed, the society could not claim the deduction, following the precedent in Nileshwar Range Kallu Chethu case. The appeal was decided against the assessee. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773792