2025 (7) TMI 1289

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....NISH BORAD, ACCOUNTANT MEMBER : This appeal at the instance of assessee pertaining to Assessment Year 2018-19 is directed against the order passed by the Ld. CIT(A) National Faceless Appeal Centre, (NFAC) Delhi u/s 250 of the Income-Tax Act, 1961 dated 27.09.2024 which in turn is arising out of the Assessment Order passed u/s 143(1) dated 13.05.2019 of the Income Tax Act, 1961. A. Registry has i....

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.... merits. Having gone through the averments made in the affidavit and considering the ratio laid down by the High Court in the case of Inder Singh (Supra), I am of the view that reasonable cause prevented the assessee in filing the appeal within the stipulated time and therefore of 182 days in filing of appeal is condoned and admit the appeal for adjudication. 2. Assessee has raised following grou....

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....e as "incorrect claim" u/s 143(1)(a)(ii) r.w.s. 80AC(ii) of the Act. Reliance is placed on NRB Bearings Sevakanchi Patsanstha vs. ADIT, CPC [ITA No. 422/PUN/2024(Pune)]. 4) The appellant craves the permission to add, amend, modify, alter, revise, substitute, delete any or all grounds of appeal, if deemed necessary at the time of hearing of the appeal. 3. At the outset Ld. Counsel for the assess....

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....fore me. Admittedly the assessee society has filed the return of income on 06.12.2018 which is after the due date of filing the return u/s 139(1) i.e. 30.09.2018. As per section 80AC of the Act for claiming deduction u/s 80P of the Act assessee is required to furnish the return of income within the due date prescribed u/s 139(1). However the return of the assessee has been processed by CPC, u/s 14....