https://www.taxtmi.com/caselaws?id=469361 Deduction under Section 80P cannot be denied solely because the return was filed late where the delay has been validly condoned under Section 119(2)(b). Condonation regularises the filing delay and removes the procedural defect underlying the disallowance. Where the co-operative society is otherwise eligible for the deduction and the assessing authority accepts the nature and source of cash deposits, belated filing alone provides no basis to reject the claim. The deduction is consequently allowable for the relevant 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 Deduction under Section 80P cannot be denied solely because the return was filed late where the delay has been validly condoned under Section 119(2)(b). Condonation regularises the filing delay and removes the procedural defect underlying the disallowance. Where the co-operative society is otherwise eligible for the deduction and the assessing authority accepts the nature and source of cash deposits, belated filing alone provides no basis to reject the claim. The deduction is consequently allowable for the relevant assessment years. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469361