K 1364 VEERASOLAPURAM PRIMARY AGRICULTURAL CO OP CREDIT SOCIETY LIMITED,TIRUPUR vs. THE INCOME TAX OFFICER, WARD 1(4) TIRUPUR, TIRUPUR
आयकर अपीलीय अिधकरण, ’बी’ Ɋायपीठ, चेɄई
IN THE INCOME-TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI
ŵी एस.एस. िवʷनेũ रिव, Ɋाियक सद˟ एवं ŵी एस.आर. रगुनाथॎ, लेखा सद˟ के समƗ
Before Shri S.S. Viswanethra Ravi, Judicial Member &
Shri S.R. Raghunatha, Accountant Member
आयकर अपील सं./I.T.A. No.3790/Chny/2025
िनधाŊरण वषŊ/Assessment Year: 2019-20
K 1364 Veerasolapuram Primary
Agricultural CO OP Credit Society
Limited, Veerasolapuram Po,
Kangayam Tk. Tiruppur,
Tamil Nadu, 638701. [PAN:AABAK4255B]
Vs. The Income Tax Officer,
Ward 1(4),
Tirupur.
(अपीलाथŎ/Appellant)
(ŮȑथŎ/Respondent)
अपीलाथŎ की ओर से / Appellant by :
Ms. A. Vijayalakshmi, C.A. (virtual)
ŮȑथŎ की ओर से/Respondent by :
Ms. Gouthami Manivasagam, Addl. CIT
सुनवाई की तारीख/ Date of hearing :
17.02.2026
घोषणा की तारीख /Date of Pronouncement
:
13.03.2026
आदेश /O R D E R
PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER:
This appeal filed by the assessee is directed against the order dated 24.10.2025 passed by the ld. Commissioner of Income Tax
(Appeals), National Faceless Appeal Centre [NFAC], Delhi for Assessment Year 2019-20. 2. At the outset, it was submitted by the Ld AR Ms. A. Vijayalakshmi,
C.A. that the authorities below, ignoring the petition filed by the assessee
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under section 119(2)(b) of the Income Tax Act, 1961 [“Act” in short], denied the exemption claimed under section 80P(2)(a)(i) of the Act. She referred to ground No.5 and prayed to remand the matter to the file of Assessing Officer with the direction to await the result in the petition filed under section 119(2)(b) of the Act and decide this issue of claim under section 80P(2)(a)(i) of the Act.
The ld. DR Ms. Gouthami Manivasagam, Addl. CIT submits that this petition filed to condone this delay was dismissed and drew our attention to this Para 4.5 of impugned order.
Having heard both the parties and perused the material available on record, we note that the assessee is claimed deduction under section 80P(2)(a)(i) of the Act which was denied for non-filing of return of income under Section 139 of the Act and in order to get the deduction, the assessee filed a petition under section 119(2)(b) of the Act, before the Chief Commissioner of Income Tax (CCIT) which is still pending as is evident from Para No.4.5 of the assessment order. On perusal of the impugned order, it is clear by the time of passing the present impugned order dated 24.10.2025 the said petition was rejected vide order dated 27.12.2024 by the CCIT which is evident from Para 4.5 of the impugned order at Page No.9, therefore, considering the same, we find no infirmity
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in the order of ld. CIT(A) in dismissing the appeal of the assessee by holding that the assessee is not entitled to claim deduction under section 80P(2)(a)(i) of the Act for non-filing of return of income within prescribed time u/s 139(i) of Income Tax Act. Thus, ground Nos.1 to 5 raised by the assessee fails and are dismissed.
In the result, the appeal filed by the assessee is dismissed.. Order pronounced on 13th March, 2026 at Chennai. (S.R. RAGHUNATHA) ACCOUNTANT MEMBER Chennai, Dated, 13.03.2026
YS/-
आदेश की Ůितिलिप अŤेिषत/Copy to:
1. अपीलाथŎ/Appellant,
2.ŮȑथŎ/ Respondent,
3. आयकर आयुƅ/CIT, Chennai/Madurai/Coimbatore/Salem
4. िवभागीय Ůितिनिध/DR &
5. गाडŊ फाईल/GF.