Co op society belated itr a.y 2018-19

A co-operative society filed its Income Tax Return (ITR) late for the assessment year 2018-19. Consequently, the CPC disallowed the 80P deduction, leading to a substantial and seemingly unrealistic tax demand. The discussion explores potential remedies, including filing an appeal to the Appellate Tribunal, though it's noted that 80P deductions are generally unavailable for belated returns.