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Question ID : 40835

ITR 5 Excel utility

A milk producers cooperative society has to file Income tax return in ITR 5 and entire business income is eligible for deduction under Sec 80 P but we have not been able to validate Schedule B which states deduction under sec 80 P can not be claimed in Schedule P. Whether all members are facing such problem Updated Excel utility also gives the same message.

Posted by Mahesh Kumar on Sep 18, 2020

Filed Under DIRECT TAXES