139(8A) of the Income Tax Act

This query is : Resolved 

14 March 2023 Our's is cooperative society. we want to file IT returns u/s 139(8A) of the IT Act for the A.Y.2020-2021. In this connection, shall i claim deduction u/s 80P of the IT Act then how much i pay tax for filing of return of income u /s 139(8A) of the IT Act.

14 March 2023 No deduction under section 80P can be claimed for late filing of return.
50% higher tax payable in such a case.



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