ITAT Allows Delay Condonation as Rectification Application Remained Pending for Years

Rushabh Apartment Co-op. Housing Society Limited Vs ITO (ITAT Mumbai) The appeal was filed against the order of the Commissioner of Income-tax (Appeals) dated 28 December 2023 for Assessment Year 2012-13. The assessee challenged the refusal of the CIT(A) to condone the delay in filing the appeal and the dismissal of the appeal in limine. The assessee also contested the denial of deduction under Section 80P(2)(d) in respect of interest received from a co-operative bank and argued that the adjustment made under Section 143(1) was beyond the scope of permissible adjustments. The assessee, a co-op...