https://www.taxtmi.com/caselaws?id=770060 The ITAT addressed a cooperative society's tax deduction claim under section 80P. Despite delayed income tax return filing, the Tribunal upheld the society's deduction eligibility after the PCCIT condoned the delay under section 119(2)(b). The case emphasized procedural flexibility, directing the AO to verify and allow the claimed deduction, balancing strict compliance with administrative discretion in tax proceedings. en-us Wed, 02 Apr 2025 00:00:00 +0530 Fri, 20 Feb 2026 17:22:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770060 The ITAT addressed a cooperative society's tax deduction claim under section 80P. Despite delayed income tax return filing, the Tribunal upheld the society's deduction eligibility after the PCCIT condoned the delay under section 119(2)(b). The case emphasized procedural flexibility, directing the AO to verify and allow the claimed deduction, balancing strict compliance with administrative discretion in tax proceedings. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770060