https://www.taxtmi.com/caselaws?id=770068 The ITAT Bangalore condoned a 1570-day delay in filing appeal before CIT(A), accepting the assessee's explanation that it pursued rectification under section 154 in good faith for over two years before filing the appeal. The tribunal allowed the cooperative society's claim for deduction under section 80P(2)(a)(i), ruling that as an entity registered under Karnataka Souharda Sahakari Act 1997 and subject to audit thereunder, it was entitled to extended due date of 31.10.2019. The return filed on 25.09.2019 was within the extended deadline, making denial of deduction on grounds of late filing legally unsustainable. The assessee's appeal was allowed. en-us Fri, 25 Apr 2025 00:00:00 +0530 Tue, 06 May 2025 09:58:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770068 The ITAT Bangalore condoned a 1570-day delay in filing appeal before CIT(A), accepting the assessee's explanation that it pursued rectification under section 154 in good faith for over two years before filing the appeal. The tribunal allowed the cooperative society's claim for deduction under section 80P(2)(a)(i), ruling that as an entity registered under Karnataka Souharda Sahakari Act 1997 and subject to audit thereunder, it was entitled to extended due date of 31.10.2019. The return filed on 25.09.2019 was within the extended deadline, making denial of deduction on grounds of late filing legally unsustainable. The assessee's appeal was allowed. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770068