https://www.taxtmi.com/caselaws?id=465728 The dominant issue was whether deduction under s. 80P could be denied by applying s. 80AC(ii) on the ground that the return was filed beyond the due date under s. 139(1). The Tribunal held that, pursuant to the CBDT's extension under s. 119, the due date for filing the original return stood extended to 31.10.2019, and the anonymized assessee's return filed on 27.10.2019 was therefore within time; consequently, s. 80AC(ii) was inapplicable. The disallowance by CPC and the affirmance by CIT(A) were set aside, and the AO was directed to allow deduction under s. 80P in accordance with law. en-us Thu, 24 Oct 2024 00:00:00 +0530 Tue, 06 Jan 2026 12:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465728 The dominant issue was whether deduction under s. 80P could be denied by applying s. 80AC(ii) on the ground that the return was filed beyond the due date under s. 139(1). The Tribunal held that, pursuant to the CBDT's extension under s. 119, the due date for filing the original return stood extended to 31.10.2019, and the anonymized assessee's return filed on 27.10.2019 was therefore within time; consequently, s. 80AC(ii) was inapplicable. The disallowance by CPC and the affirmance by CIT(A) were set aside, and the AO was directed to allow deduction under s. 80P in accordance with law. Case-Laws Income Tax Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465728