SHRAMIK VIKAS SAHKARI SHRRAM SAMVIDA SAMITI LTD.,KANPUR vs. AO CIRCLE 1(1)(1), KANPUR
In the result, appeal of the assessee is allowed
ITA 356/LKW/2023[2019-20]Status: DisposedITAT Lucknow30 Aug 2024AY 2019-20
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2019-20 Shramik Vikas Sahkari V. The Assessing Officer Shrram Samvida Samiti Ltd, Circle 1(1)(1) 135-K-2, Nankari, Iit Kanpur Kanpur Tan/Pan: (Appellant) (Respondent) Appellant By: Shri Rakesh Garg, Advocate Respondent By: Shri Sanjeev Krishna Sharma, Sr. D.R. Date Of Hearing: 25 07 2024 Date Of Pronouncement: 30 08 2024 O R D E R
For Appellant: Shri Rakesh Garg, AdvocateFor Respondent: Shri Sanjeev Krishna Sharma, Sr. D.R
Section 139Section 139(1)Section 139(4)Section 143(1)Section 234FSection 80ASection 80P
234F, read with section 139, once fee for late filing of return is deposited, the return of income stands regulated, making it a valid return, thereby deduction u/s 80P being allowable, the CIT(A) was not justified in denying the claim, the deduction under section 80P be allowed.
4. Because the CIT(A) has wrongly held that since
