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80AC Income Tax return needs be filed before due date to get deduction under few sections of VIA as per section 80AC, chapter via of Income Tax Act

As per Section 80AC of Chapter Via of Income tax act the assessee need to file Income Tax return before due date to get deduction under sections 80IA, 80IB, 80IC, 80ID, 80IE etc. Provisions in the Income Tax Act related to this section under chapter VIA are:

 

80AC  Where in computing the total income of an assessee of the previous year relevant to the assessment year commencing on the 1st day of April, 2006 or any subsequent assessment year, any deduction is admissible under section 80-IA or section 80-IAB or section 80-IB or section 80-IC or section 80-ID or section 80-IE], no such deduction shall be allowed to him unless he furnishes a return of his income for such assessment year on or before the due date specified under sub-section (1) of section 139.]

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