2024 (10) TMI 101

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.... For the Petitioner : Mr. Raghav Rajeev Menon For the Respondent : Mr. D.Prabhu Mukunth Arun Kumar Standing Counsel ORDER The petitioner appears to be a Co-operative Society registered under the Provisions of the Tamil Nadu Co-operative Societies Act, 1983. It appears that for the Assessment Year 2018-2019, the petitioner delayed and belatedly filed return of income. The reasons forthcoming wer....

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....writ petition was answered in favour of the petitioner by this Court vide order dated 16.11.2023 with the following observations :- "5. As a matter of fact, paragraph 5 of the said circular also contemplates provides for filing a fresh application for the period / assessment years 2018- 19 to 2020-23. Considering the fact that the petitioner had filed the Original Application before an incompete....

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....me Tax, Chennai has condoned the delay in filing Return of Income for claiming deduction under Section 80P of the Income Tax Act,1961 vide order dated 23.08.2024 in DIN & Order No.ITBA/COM/F/17/2024-25/1067915012(1) reads as under :- 3.1. The provisions of Sec.80AC of the Income tax Act provides that for any Assessment Year commencing from the Assessment Year 2018-19, n? deduction in respect of ....

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.... filing the Return of Income for the Assessment Year 2018-19 is hereby allowed". 6. Considering the above development, the impugned order has to be set aside. Therefore, the case is remitted back to the respondent to pass a fresh orders after taking note of the aforesaid order dated 23.08.2024 passed by the Commissioner of Income Tax, condoning the delay in filing the return under Section 139 of ....