2023 (6) TMI 438

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....ated 07-03-2023 passed by the CIT(A) in National Faceless Appeal Centre, Delhi u/s. 250 of the Income-tax Act, 1961 (hereinafter also called 'the Act') in relation to the assessment year 2020-21. 2. The only issue raised herein is against the confirmation of addition of Rs. 4,06,360/- made by the Assessing Officer (AO) on account of denial of deduction u/s 80P of the Act on interest from cooperat....

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.... is seen that the sole reason given by the authorities for denial of deduction u/s. 80P(2)(d) is the late filing of the return by the assessee. I have noted above that the extended due date for filing the return in the case of the assessee was 10-11-2021. As against that, the assessee filed the return on 27-12-2020. In that view of the matter, it becomes clear that the return filed by the assessee....