https://www.taxtmi.com/caselaws?id=788255 Where a co-operative society was required to have its accounts audited under the Punjab State Co-operative Societies Act, 1961, Explanation 2(a)(ii) to section 139(1) of the Income-tax Act fixed 31 October as the due date for filing the return. The assessee filed its return on 31-10-2019 after obtaining a special audit report pending the statutory audit, so the return was within time. The earlier disallowance of deduction under section 80P(2)(d) on the ground of delay was therefore unsustainable, and the deduction was allowed. en-us Tue, 10 Feb 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788255 Where a co-operative society was required to have its accounts audited under the Punjab State Co-operative Societies Act, 1961, Explanation 2(a)(ii) to section 139(1) of the Income-tax Act fixed 31 October as the due date for filing the return. The assessee filed its return on 31-10-2019 after obtaining a special audit report pending the statutory audit, so the return was within time. The earlier disallowance of deduction under section 80P(2)(d) on the ground of delay was therefore unsustainable, and the deduction was allowed. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788255