{"id":50781,"date":"2025-02-08T15:26:00","date_gmt":"2025-02-08T09:56:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kanyakaparameshwari-co-operative-society-ltd-v-ccit-2024-301-taxman-193-karnhc\/"},"modified":"2025-02-08T15:26:00","modified_gmt":"2025-02-08T09:56:00","slug":"kanyakaparameshwari-co-operative-society-ltd-v-ccit-2024-301-taxman-193-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kanyakaparameshwari-co-operative-society-ltd-v-ccit-2024-301-taxman-193-karnhc\/","title":{"rendered":"Kanyakaparameshwari Co-operative Society Ltd. v. CCIT (2024) 301 Taxman 193 (Karn)(HC)"},"content":{"rendered":"<p>The assessee society filed it\u2019s return of income for the Asstt. Year: 2018\u201319 on 10\u201311\u20132018 wherein the deduction u\/s 80P was claimed.\u00a0 The return of income was processed u\/s 143(1) vide intimation dtd. 02\u201307\u20132019 followed by the regular assessment u\/s 143(3) r.w.s. 144B of the Act with denial of deduction u\/s 80P of the Act.\u00a0 The AO denied the deduction u\/s 80P for the delay of 18 days in filing the return of income before the due date u\/s 139(1) of the Act. Aggrieved with the assessment order, the assessee society preferred an appeal before the CIT (Appeals).\u00a0 In the meantime, the CBDT issued the Circular No. 13\/2023 dtd. 26\u201307\u20132023 authorizing CCsIT\/DGsIT to condonation the delay in filing income tax returns by cooperative societies claiming deduction under section 80P for various assessment years starting from 2018\u201319.\u00a0 Accordingly, the assessee society filed an application on 19\u201310\u20132023 with the Chief CIT placing reliance upon the CBDT\u2019s Circular (supra).\u00a0 The Chief CIT passed the order dtd. 04\u201307\u20132024 rejecting the application for condonation of delay of 18 days. On Writ Petition, the Court observed and held that the assessee society has filed the return of income delayed by 18 days and the delay occurred due to reasons beyond its control.\u00a0 The Court also referred the CBDT\u2019s Circular (<em>supra<\/em>) and held that the delay in filing the return of income was to be condoned and the order passed by the CCIT is liable to be quashed. Referred, Sullia Taluk Womens Multi-Purpose Co-operative Society Ltd. v Dy. CIT (2024) 158 taxmann.com 177 (Karn)(HC)\u00a0\u00a0 (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 119 : Central Board of Direct Taxes-Circular-Condonation of delay of 18 days in filing of return-Beyond control of  assessee-CBDT\u2019s Circular No. 13\/2023 dt. 26\u201307\u20132023-Delay in filing return of income is   condoned. [S.80AC(ii) 80P(2) (a)(i), 119(2)(b),  139(1), 143(1),143(3), Art. 226]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-50781","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dd3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=50781"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50781\/revisions"}],"predecessor-version":[{"id":50782,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50781\/revisions\/50782"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}