80P Deduction Denied Due to Late Return? Tribunal Sends Case Back Pending Delay Condonation Decision

S373 The Slm Corporation HSC and High School Staff Co-Op T&C Soc Ltd. Vs ITO (ITAT Chennai) The appeal before the ITAT Chennai arose from an order passed by the Addl./JCIT(A), Ranchi dated 12.12.2025 for Assessment Year 2019–20. The assessee, a co-operative society registered under the Tamil Nadu Cooperative Societies Act, 1983, had filed its return of income belatedly on 12.10.2020. The Central Processing Centre (CPC), through an intimation under Section 143(1) dated 13.01.2021, disallowed the deduction claimed under Section 80P of the Income Tax Act, 1961 on the ground that the return ...