https://www.taxtmi.com/caselaws?id=758121 The Tribunal allowed the appeal, determining that the NFAC erred in refusing to condone the 90-day delay in filing, emphasizing the importance of considering the cause of delay over its duration. Additionally, the Tribunal concluded that interest income earned by the cooperative society from deposits with cooperative banks qualifies for deduction under section 80P(2)(d) of the Income-tax Act, 1961. en-us Thu, 05 Sep 2024 00:00:00 +0530 Fri, 06 Sep 2024 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758121 The Tribunal allowed the appeal, determining that the NFAC erred in refusing to condone the 90-day delay in filing, emphasizing the importance of considering the cause of delay over its duration. Additionally, the Tribunal concluded that interest income earned by the cooperative society from deposits with cooperative banks qualifies for deduction under section 80P(2)(d) of the Income-tax Act, 1961. Case-Laws Income Tax Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758121