No deduction if return not filed

sivadas chettoor | Last updated: 22 April 2020

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1. INTRODUCTION The Finance Act 2017 has introduced an amendment to section 80AC of the Income Tax Act 1961(for short 'Act') with effect from 01-04-2018 ie assessment year 2018-19. The effect of the amendment is that if you wish to claim a deduction under Chapter VIA under the heading 'C-Deductions in respect of certain incomes' for eg claim for deduction u/s 80P then you should file the return of Income on or before the due date specified u/s 139(1) of the Income Tax Act. I have taken th

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

sivadas chettoor

I am A CA practicing at Palakkad, Kerala, India SIVADAS CHETTOOR B.COM FCA LL.M CHARTERED ACCOUNTANT, SHALOM FORT PLUS STADIUM BYE PASS ROAD , NEAR TRINITY EYE CENTRE, PALAKKAD-678013 siva208 @ yahoo.com daschettoor @ gmail.com

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