https://www.taxtmi.com/caselaws?id=469361 A co-operative society's claim for deduction under Section 80P was not to be rejected merely because the return was filed late, where the delay had already been condoned under Section 119(2)(b). The only basis for disallowance was belated filing under Section 139(1); once the defect was regularised, and the assessee was otherwise eligible for the deduction, there was no remaining ground to refuse the claim. The note states that the disallowance was set aside and the deduction was allowed for both assessment years. en-us Wed, 05 Mar 2025 00:00:00 +0530 Mon, 15 Jun 2026 23:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469361 A co-operative society's claim for deduction under Section 80P was not to be rejected merely because the return was filed late, where the delay had already been condoned under Section 119(2)(b). The only basis for disallowance was belated filing under Section 139(1); once the defect was regularised, and the assessee was otherwise eligible for the deduction, there was no remaining ground to refuse the claim. The note states that the disallowance was set aside and the deduction was allowed for both assessment years. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469361