Primary Co-operative Society Entitled to Section 80P Deduction Despite Filing Belated Return Subject to Paying Nominal Costs
Primary Co-operative Society Entitled to Section 80P Deduction Despite Filing Belated Return Subject to Paying Nominal Costs Issue Whether a Primary Co-operative Society can be granted the substantive benefit of deduction under Section 80P of the Income-tax Act, 1961, read with Section 80AC, despite having filed its return of income beyond the statutory due date.… Read More »