Question ID :
44791
082701
A cooperative society was issued intimation by CPC in 2015 raising demand of Around 2.50 Lacs by disallowing Sec 80 P deductiowhile filing IT return the professional had wrongly
mentioned status as cooperative bank instead of cooperative society The secretarey of the society was not aware After issuing refunds till 2021-22 Fin Year Income tax departmewnt has started adjusting refund against pending payment which has become around Rs 9 Lacs because of interest Appeal filed with Commissioner appeal to condone delay in filing appeal has been dismissed stating they there is not sufficient cause for delay Whether going to Tribunal
is advisable as case has been dismissed on technical grounds not on merit
Posted by
Mahesh Kumar
on
Feb 05, 2025
Filed Under
DIRECT TAXES
yes...go to tribunal....I hope the tribunal would condone the delay in the facts of the case....In one of my case ITAT condoned delay of around 2900 days recently....generally ITAT is liberal in these matters.
if you want I can give you a copy of the order
daschettoor@gmail.com
Posted by
SIVADAS CHETTOOR on
Feb 06, 2025
Answer ID :
85655
Thanks for your answer. Please email copy of order at
mahesh_aneja@rediffmail.com
Posted by
Mahesh Kumar on
Feb 07, 2025