PERUCHETTIPALAYAM PACCS,COIMBATORE vs. ITO, NCW-4(1), COIMBATORE

आयकर अपीलीय अिधकरण ‘सी’ Ɋायपीठ चेɄई मŐ।
IN THE INCOME TAX APPELLATE TRIBUNAL
‘C’ BENCH, CHENNAI
माननीय ŵी मनोज कुमार अŤवाल ,लेखा सद˟ एवं
माननीय ŵी मनु कुमार िगįर, Ɋाियक सद˟ के समƗ।
BEFORE HON’BLE SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER
AND HON’BLE SHRI MANU KUMAR GIRI, JUDICIAL MEMBER

आयकरअपील सं./ ITA No.3255/Chny/2024
(िनधाŊरणवषŊ / Assessment Year: 2018-2019)

Perurchettipalayam PACCS,
177, Arumuga goundanur Perur,
Chettipalayam,
Coimbatore 641 010. [PAN: AABAP 3228M]
Vs. The Income Tax Officer
Non Corporate Ward 4(1)
Coimbatore

(अपीलाथȸ/Appellant)

(Ĥ×यथȸ/Respondent)
अपीलाथȸ कȧ ओर से/ Appellant by : Ms. Mathangi, Advocate
Ĥ×यथȸ कȧ ओर से /Respondent by : Ms. M. Aswathy, JCIT.

सुनवाई कȧ तारȣख/Date of Hearing
: 24.02.2025
घोषणा कȧ तारȣख /Date of Pronouncement
: 24.02.2025

आदेश / O R D E R

PER MANU KUMAR GIRI (Judicial Member) This appeal filed by the assessee is directed against the order of the Ld. Commissioner of Income Tax (Appeals) (NFAC) Delhi [CIT(A)] dated 18.11.2024 for Assessment Year 2018-19. 2. Brief facts of the case are that the assessee filed its return of income on 13.02.2019 declaring total income at Rs.Nil after claiming deduction of Rs.32,26,418/- u/s 80P of the Act. The AO disallowed the deduction claimed u/s 80P as the assessee has filed its return of income after the due date of filing of return of income. The ld.CIT(A) upheld the order of the AO. Now assessee is in further appeal before us. 3. Before us, the ld.counsel submitted that the ld.CIT(A) erred in denying the benefit of deduction claimed u/s 80P, without waiting for the outcome of the condonation application filed before the appropriate authority for the delayed return of income. He further, contended that the ld.CIT(A) erred in denying the claim of deduction u/s 80P(2)(d) on the interest income derived by the appellant society on the investment made by it in the District Central co-operative Banks. 4. The ld. DR relied upon the order of the ld.CIT(A). 5. We have heard the both parties. We are of the considered view that the ld.CIT(A) should have waited for the outcome of the condonation application filed before the appropriate authority for the delayed return of income. Hence, we set aside and remand back the appeal to the file of the ld.CIT(A) to await for the outcome of the appropriate authority on the condonation application for delayed return filed. After receipt of the order of the appropriate authority on the aforesaid application, the ld.CIT(A) will take his judicial view according to law. 6. In the result, appeal filed by the assessee is allowed for statistical purpose.

Order pronounced in the open court on 24th day of February, 2025 at Chennai. (मनोज कुमार अŤवाल)

(मनु कुमार िगįर)
(MANOJ KUMAR AGGARWAL)
लेखा सद˟ / ACCOUNTANT MEMBER
(MANU KUMAR GIRI)
Ɋाियक सद˟ / JUDICIAL MEMBER
चेɄई Chennai:
िदनांक Dated :24-02-2025
KV
आदेश कȧ ĤǓतͧलͪप अĒेͪषत /Copy to :
1. अपीलाथŎ/Appellant
2. ŮȑथŎ/Respondent 3. आयकरआयुƅ/CIT, Coimbatore
4. िवभागीयŮितिनिध/DR 5. गाडŊफाईल/GF