https://www.taxtmi.com/caselaws?id=773958 Deduction under section 80P(2)(a)(i) is unavailable where the assessee fails to furnish the return of income within the prescribed time, because section 80A(5) bars allowance of such deduction unless the return is filed within time. The claim was tested against binding jurisdictional precedent and the statutory return-filing condition was held mandatory. On that basis, the co-operative society was not entitled to the deduction. en-us Mon, 26 May 2025 00:00:00 +0530 Tue, 01 Jul 2025 08:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773958 Deduction under section 80P(2)(a)(i) is unavailable where the assessee fails to furnish the return of income within the prescribed time, because section 80A(5) bars allowance of such deduction unless the return is filed within time. The claim was tested against binding jurisdictional precedent and the statutory return-filing condition was held mandatory. On that basis, the co-operative society was not entitled to the deduction. Case-Laws Income Tax Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773958