Assessee Co-Operative Society Governed by Due Date of Filing Return as per Maharashtra Co-Operative Society Act: ITAT allows Deduction u/s. 80P of Income Tax Act [Read Order]

By Fathima Karama A.M - On September 2, 2023 8:00 am - 2 mins read
Assessee - Co-Operative Society - ITAT - income tax act - Maharashtra Co-Operative Society Act - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the deduction under Section 80P of the Income Tax Act ,1961 holding that the assessee co-operative society would be governed by the due date of filing return as per Maharashtra Co-Operative Society Act. The Assessee, Nutan Laxmi Co-Operative Housing Society Ltd had declared its…

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