KOODARANHI REGIONAL AGRICULTURAL WELFARE CO-OP SOCIETY LTD,KOZHIKKODE vs. THE ITO, KOZHIKKODE
In the result, the appeal by the assessee is allowed for statistical purposes and the stay petition is dismissed
ITA 953/COCH/2022[2019-20]Status: DisposedITAT Cochin08 Mar 2023AY 2019-20
Bench: Shri George George K. & Ms. Padmavathy S.
For Appellant: Shri Johnson George, CAFor Respondent: Smt. J M Jamuna Devi, Sr. AR
Section 139(1)Section 139(4)Section 143(1)Section 80Section 80ASection 80PSection 80P(2)Section 80P(2)(a)
1) denying the benefit of section 80P to the assessee. Aggrieved, the assessee preferred appeal before the CIT(A).
4. The CIT(A) confirmed the disallowance by stating that the assessee has filed the return belatedly and therefore in accordance with section 80AC of the Act, deduction u/s. 80P cannot be allowed as per the amended provisions w.e.f. 1.4.2018. Aggrieved
