New Vasant Apartment Co-operative Housing Society Limited vs. CPC, Bangalore

Parties Involved

Facts Summary

The appellant, New Vasant Apartment Co-operative Housing Society Limited, filed its return of income for the Assessment Year 2020-21 on 15.09.2020 and claimed a deduction under section 80P(2)(d) of Rs. 10,22,135/-. The Commissioner of Income-tax (Appeals) (CIT(A)) disallowed the claim and assessed the total income at Rs. 10,22,140/-. The appellant filed an appeal before the CIT(A), which was dismissed due to the rejection of the application for condonation of delay. The appellant then approached the Income Tax Appellate Tribunal (ITAT) on the ground that the CIT(A) erred in dismissing the appeal due to delay, ignoring the fact that the appellant had initiated the process of rectification and their Chartered Accountant (CA) had passed away in 2017.…

Legal Issues

• 1. Whether the delay in filing the appeal before the CIT(A) can be condoned?

Judgment Outcome

Decided in favour of Assessee.

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