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80P Deduction for co operative society
is that any provision to claim 80P deduction under VI-A Deduction for primary agricultural co operative credit society after due date. because statutory audit for cooperative societies are completed after due date.
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To claim the Section 80P deduction despite a late filing caused by a delayed statutory audit, you must file an application for condonation of delay to the relevant income tax authority (CCIT/DGIT) under Section 119(2)(b). They will assess whether the delay was due to genuine, unavoidable circumstances like the late completion of a mandatory audit. It is highly recommended to consult with a Chartered Accountant to prepare and submit this application formally.
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