After due date filing of returns exemption u/s 80P of the IT Act

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Filing your income tax return after the due date may prevent you from claiming deductions under Section 80P, as the CPC might not consider it. While generally, delays cannot be condoned for this purpose after April 1, 2021, you may still consider filing an appeal if there was a reasonable cause for the delay. However, there are currently no reported case laws specifically for AY 2021-2022 addressing this issue.

Chandra Kala

Chandra Kala (Querist)
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18 November 2022 Whether delay of submission of return can be condoned to avoid disallowances u/s 143(a)(v) of the IT Act

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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18 November 2022 As per law NO w.e.f 1-4-2021.

Chandra Kala

Chandra Kala (Querist)
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18 November 2022 Deduction u/s 80p not considered by CPC. Shall we file appeal , if appeal filed. Is there any caselaws to delay submission of returns for the A.Y.2021-2022.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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19 November 2022 Try in appeal if reasonable cause for delay. No reported case for AY 2021-22.

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