https://www.taxtmi.com/caselaws?id=774801 ITAT Cochin denied the assessee's claim for deduction under section 80P of the Income Tax Act. The tribunal held that filing a return of income within the due date prescribed under section 139(1) is a mandatory requirement for claiming section 80P deduction. Following the Kerala HC precedent in Nileshwar Range Kallu Chethu Vyavasaya Thozhilali Sahakarana Sangham, the tribunal ruled against the assessee who had failed to file the return within the statutory deadline. en-us Fri, 16 May 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774801 ITAT Cochin denied the assessee's claim for deduction under section 80P of the Income Tax Act. The tribunal held that filing a return of income within the due date prescribed under section 139(1) is a mandatory requirement for claiming section 80P deduction. Following the Kerala HC precedent in Nileshwar Range Kallu Chethu Vyavasaya Thozhilali Sahakarana Sangham, the tribunal ruled against the assessee who had failed to file the return within the statutory deadline. Case-Laws Income Tax Fri, 16 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774801