Tax Deduction Disallowance

Income Tax

Late ITR Filing Bars Rs 83.89 Lakh Section 80P Deduction Despite Return Filed Under Section 148 | Biz Flow Kit
Byadmin June 12, 2026

ITAT: Late ITR Filing Bars Rs 83.89 Lakh Section 80P Deduction Despite Return Filed Under Section 148 The ITAT Bangalore has quashed an appeal filed by M/s. Kassia Credit Co-operative Society Limited, holding that it is not eligible to claim a deduction under Section 80P of the Income Tax Act because it failed to file…

Read More Late ITR Filing Bars Rs 83.89 Lakh Section 80P Deduction Despite Return Filed Under Section 148 | Biz Flow Kit
Income Tax

ITAT Ahmedabad Sends Back Section 80GGC Political Donation Dispute for Fresh Examination | Biz Flow Kit
Byadmin May 20, 2026

ITAT Ahmedabad Sends Back Section 80GGC Political Donation Dispute for Fresh Examination The ITAT Ahmedabad, in a recent ruling, favoured the case of Karsanbhai Natvarlal Ravat concerning the disallowance of a political donation deduction claimed under Section 80GGC of the Income Tax Act for Assessment Year 2019-20. The assessee, Karsanbhai Natvarlal Ravat, had claimed a…

Read More ITAT Ahmedabad Sends Back Section 80GGC Political Donation Dispute for Fresh Examination | Biz Flow Kit