Section 80-IC of the Income-tax Act, 1961 - Deductions - Special provisions in respect of certain undertakings or enterprises in certain special category States - Assessment year 2008-09 - Assessee claimed deduction under section 80-IC which was disallowed by Assessing Officer as return of assessee was not filed within time as prescribed under section 139(1) - Assessee had given reasons for delay of 74 days submitting that computer in which accounts were maintained got corrupted due to virus; that back up data were available only for 10 months and entire data for last two months had to be re-entered - Whether there was a reasonable cause for filing return of income belatedly and this was beyond control of assessee - Held, yes - Whether further since assessee was legally entitled to deduction under section 80-IC, his claim could not be disallowed on technical ground that return of income was filed belatedly - Held, yes [In favour of assessee

S. Venkataiah[2012] 22 taxmann.com 2 (Hyd.)