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8 results for “condonation of delay”+ Section 80A(5)clear

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Key Topics

Section 80I16Section 115J11Section 80P(2)(a)9Section 139(1)9Section 80P9Deduction8Section 80A6Section 143(1)6Addition to Income

DCIT, NON CORPORATE CIRCLE-22(1), CHENNAI vs. M/S DAEE COOP T&C SOCIETY, KALPAKKAM

In the result, appeals filed by the revenue for assessment years 2012-13, 2014-15 & 2017-18 and cross objections filed by the assessee for assessment years 2012-13, 2014-15 &

ITA 593/CHNY/2023[2014-15]Status: DisposedITAT Chennai28 Jun 2023AY 2014-15

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 592, 593 & 594/Chny/2023 & Co Nos: 23, 24 & 25/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13, 2014-15 & 2017-18 Deputy Commissioner Of M/S. Dae Employees Coop Thrift Income Tax, V. & Credit Society Ltd, Non Corporate Circle - First Floor, Main Shopping 22(1), Centre, Dae Township, No.7, Ramakrishna Street, Kalpakkam – 603 102. West Tambaram, [Pan: Aaaad-4689-H] Chennai – 45. (अपीलाथ"/Appellant) (Cross Objector) : Shri. Ar V Sreenivasan, Addl. Cit अपीलाथ" क" ओर से/Appellant By Respondent/Cross Objector By : Shri. R. Kumar, Advocate सुनवाई क" तारीख/Date Of Hearing : 26.06.2023 घोषणा क" तारीख/Date Of Pronouncement : 28.06.2023 आदेश /O R D E R

Section 139Section 139(1)Section 139(4)Section 143(3)Section 147Section 148Section 80P(2)(a)
6
Section 1395
Disallowance5
Condonation of Delay5

delay in filing of appeals is condoned and appeals filed by the revenue are admitted for adjudication. 5. The brief facts of the case are that, the assessee is a cooperative society engaged in the business of providing credit facility to its members. The assessee has not filed its return of income for the assessment years

DCIT, NON CORPORATE CIRCLE-22(1), CHENNAI vs. M/S DAEE COOP T&C SOCIETY, KALPAKKAM

In the result, appeals filed by the revenue for assessment years 2012-13, 2014-15 & 2017-18 and cross objections filed by the assessee for assessment years 2012-13, 2014-15 &

ITA 594/CHNY/2023[2017-18]Status: DisposedITAT Chennai28 Jun 2023AY 2017-18

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 592, 593 & 594/Chny/2023 & Co Nos: 23, 24 & 25/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13, 2014-15 & 2017-18 Deputy Commissioner Of M/S. Dae Employees Coop Thrift Income Tax, V. & Credit Society Ltd, Non Corporate Circle - First Floor, Main Shopping 22(1), Centre, Dae Township, No.7, Ramakrishna Street, Kalpakkam – 603 102. West Tambaram, [Pan: Aaaad-4689-H] Chennai – 45. (अपीलाथ"/Appellant) (Cross Objector) : Shri. Ar V Sreenivasan, Addl. Cit अपीलाथ" क" ओर से/Appellant By Respondent/Cross Objector By : Shri. R. Kumar, Advocate सुनवाई क" तारीख/Date Of Hearing : 26.06.2023 घोषणा क" तारीख/Date Of Pronouncement : 28.06.2023 आदेश /O R D E R

Section 139Section 139(1)Section 139(4)Section 143(3)Section 147Section 148Section 80P(2)(a)

delay in filing of appeals is condoned and appeals filed by the revenue are admitted for adjudication. 5. The brief facts of the case are that, the assessee is a cooperative society engaged in the business of providing credit facility to its members. The assessee has not filed its return of income for the assessment years

DCIT, NON CORPORATE CIRCLE-22(1), CHENNAI vs. M/S DAEE COOP T&C SOCIETY, KALPAKKAM

In the result, appeals filed by the revenue for assessment years 2012-13, 2014-15 & 2017-18 and cross objections filed by the assessee for assessment years 2012-13, 2014-15 &

ITA 592/CHNY/2023[2012-13]Status: DisposedITAT Chennai28 Jun 2023AY 2012-13

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 592, 593 & 594/Chny/2023 & Co Nos: 23, 24 & 25/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13, 2014-15 & 2017-18 Deputy Commissioner Of M/S. Dae Employees Coop Thrift Income Tax, V. & Credit Society Ltd, Non Corporate Circle - First Floor, Main Shopping 22(1), Centre, Dae Township, No.7, Ramakrishna Street, Kalpakkam – 603 102. West Tambaram, [Pan: Aaaad-4689-H] Chennai – 45. (अपीलाथ"/Appellant) (Cross Objector) : Shri. Ar V Sreenivasan, Addl. Cit अपीलाथ" क" ओर से/Appellant By Respondent/Cross Objector By : Shri. R. Kumar, Advocate सुनवाई क" तारीख/Date Of Hearing : 26.06.2023 घोषणा क" तारीख/Date Of Pronouncement : 28.06.2023 आदेश /O R D E R

Section 139Section 139(1)Section 139(4)Section 143(3)Section 147Section 148Section 80P(2)(a)

delay in filing of appeals is condoned and appeals filed by the revenue are admitted for adjudication. 5. The brief facts of the case are that, the assessee is a cooperative society engaged in the business of providing credit facility to its members. The assessee has not filed its return of income for the assessment years

M/S T vs. SRICHAKRA LIMITED,MADURAIVS.DCIT, CORPORATE CIRCLE, MADURAI

In the result, appeal filed by the assessee is dismissed

ITA 36/CHNY/2022[2016-17]Status: DisposedITAT Chennai29 Nov 2023AY 2016-17

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 36/Chny/2022 िनधा"रण वष" / Assessment Year: 2016-17 M/S. Tvs Srichakra Limited, Deputy Commissioner Of 7-B, Tvs Building, V. Income Tax, West Veli Street, Corporate Circle, Madurai – 625 001. Madurai. [Pan: Aaact-5557-G] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Ms. N.V. Lakshmi, Advocate ""यथ" क" ओर से/Respondent By : Shri. Nilay Baran Som, Cit सुनवाई क" तारीख/Date Of Hearing : 29.11.2023 घोषणा क" तारीख/Date Of Pronouncement : 29.11.2023

For Appellant: Ms. N.V. Lakshmi, AdvocateFor Respondent: Shri. Nilay Baran Som, CIT
Section 139(1)Section 143(1)Section 801CSection 80ASection 80A(5)Section 80I

5) r.w.s. 80AC of the Act, rejected arguments of the assessee and sustained additions made by the Assessing Officer towards disallowance of deduction claimed u/s. 80IC of the Act, on the ground that as per provisions of section 80A of the Act, the assessee should file audit report in Form no. :-4-: ITA. No: 36/Chny/2022 10CCB along with return

THE PALLIPALAYAM FRMERS SERVICE CO-OPERATIVE SOCIETY LIMITED,NAMAKKAL vs. ITO CIRCLE 1, , ERODE

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 964/CHNY/2024[2018-19]Status: DisposedITAT Chennai21 Aug 2024AY 2018-19

Bench: Shri Ss Viswanethra Ravi & Shri Jagadishआयकर अपील सं./Ita No.964/Chny/2024 िनधा8रण वष8 /Assessment Year: 2018-19

For Appellant: Ms. G. Vardhini Karthik, AdvocateFor Respondent: Ms. R. Anita, Addl. CIT
Section 119(2)Section 119(2)(b)Section 139(1)Section 143(3)Section 80ASection 80A(5)Section 80PSection 80P(2)

section 80A(5) even though it was otherwise eligible for such deduction [emphasis supplied" 4. Before us, the Ld. Counsel submitted that CBDT has issued circular no 13/2023 dated 26.07.2023 allowing cooperative society to claim deduction u/s 80P by filling condonation of delay

DCIT CORPORATE CIRCLE 2(1), CHENNAI vs. FIXIT PVT. LTD., CHENNAI

In the result, the appeal filed by the Revenue is allowed

ITA 2833/CHNY/2017[2001-02]Status: DisposedITAT Chennai26 Jun 2018AY 2001-02

Bench: Shri N.R.S. Ganesan & Shri Abraham P.George

For Appellant: NoneFor Respondent: Mr.N.Gopikrishna, JCIT
Section 10Section 115J

Delay is condoned and appeal admitted. 2. Revenue assails an order dated 19.09.2017 of CIT(A)-6, Chennai. Out of the three grounds taken by the Revenue, Ground Nos.1 & 3 are general needing no adjudication. Through its Ground No.2, grievance raised by the Department is on the deletion of an addition for share of loss from two firms, made

AQUASUB ENGINEERING ,COIMBATORE vs. DCIT ,CENTRALIZED PROCESSINF CENTER, BENGALURU

In the result, the appeal filed by the assessee is allowed

ITA 78/CHNY/2021[2017-18]Status: DisposedITAT Chennai30 Sept 2022AY 2017-18

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

For Appellant: Shri G. Suresh, AdvocateFor Respondent: Shri Guru Bashyam, CIT
Section 1Section 139Section 139(1)Section 139(5)Section 143(1)Section 80ASection 80CSection 80I

condone the delay in filing of this appeal by assessee and admit the appeal for adjudication. 3. The only issue in this appeal of assessee is as regards to the order of CIT(A) confirming the action of the AO, CPC, Bengaluru in disallowing the claim of deduction u/s.80IA of the Act for the reason that Form No.10CCB

THE ERODE DISTRICT CO-OPERATIVE UNION,ERODE vs. THE INCOME TAX OFFICER, WARD 1(1) ERODE, ERODE

In the result, appeal filed by the assessee is allowed for statistical purpose

ITA 3277/CHNY/2024[2019-20]Status: DisposedITAT Chennai25 Mar 2025AY 2019-20

Bench: the Id.CIT(A). The assessee's claim for deduction u/s 80P(2)(d) regarding interest income from investments in co-operative banks was also denied by the Id/CIT(A) for the reason that the deduction was inadmissible since no specific claim had been in the return, citing the section 80A(5) of the Act. The Id. CIT(A) confirmed the action of the Id. Assessing Officer. Aggrieved, assessee preferred an appeal before the Tribunal.

For Appellant: Ms. A. Vijayalakshmi, C.AFor Respondent: Ms. V. Aswathy, JCIT
Section 119Section 139(1)Section 143(1)Section 80A(5)Section 80P(2)(d)

section 80A(5) of the Act. The ld. CIT(A) confirmed the action of the ld. Assessing Officer. Aggrieved, assessee preferred an appeal before the Tribunal. 3. Before us, the ld.counsel submitted that the ld.CIT(A) erred in denying the benefit of deduction claimed u/s 80P(2)(d) regarding interest income from investments in co-operative banks, without waiting