ITAT Directs NFAC to Consider Section 80P(2)(d) Claims of ISRO Employees Society

Space Employees Cooperative Housing Society Ltd. Vs ITO (ITAT Bangalore) The case of Space Employees Cooperative Housing Society Ltd. vs. ITO before the Income Tax Appellate Tribunal (ITAT) Bangalore revolves around the condonation of delay and the consideration of Section 80P(2)(d) claims for ISRO Employees Society. The appeals were filed belatedly before the Tribunal, with delays of 109 days for A.Ys. 2015-16 & 2017-18 and 99 days for A.Y. 2018-19. However, the Tribunal deemed it appropriate to condone the delay due to valid reasons stated in affidavits, including the busy schedules of I...