https://www.taxtmi.com/caselaws?id=792860 Cooperative societies seeking deduction under Section 80P faced delay in filing returns because statutory audits, COVID-19 disruption and administrative difficulties prevented timely compliance under Section 139(1) read with Section 80AC. The CBDT circulars issued under Section 119(2)(b) were described as a hardship-relief mechanism, and a rigid insistence on day-to-day explanation was treated as hyper-technical where the delay arose from circumstances beyond the assessees' control. The decision emphasises that a purposive and liberal construction is required where the scheme is intended to mitigate genuine hardship, and that substantive entitlement should not be defeated by an unduly restrictive approach to condonation. en-us Mon, 01 Jun 2026 00:00:00 +0530 Thu, 04 Jun 2026 08:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792860 Cooperative societies seeking deduction under Section 80P faced delay in filing returns because statutory audits, COVID-19 disruption and administrative difficulties prevented timely compliance under Section 139(1) read with Section 80AC. The CBDT circulars issued under Section 119(2)(b) were described as a hardship-relief mechanism, and a rigid insistence on day-to-day explanation was treated as hyper-technical where the delay arose from circumstances beyond the assessees' control. The decision emphasises that a purposive and liberal construction is required where the scheme is intended to mitigate genuine hardship, and that substantive entitlement should not be defeated by an unduly restrictive approach to condonation. Case-Laws Income Tax Mon, 01 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792860