Kerala HC Directs ITO to Reconsider Section 80P Claim as Delay in Filing Return Was Condoned

Kerala State Taxes Employees Co Op Society Limited Vs ITO (Kerala High Court) The Kerala High Court directed the Income Tax Officer (ITO) to consider the petitioner’s rectification application within three months after observing that the delay in filing the income tax return had already been condoned by the competent authority. The petitioner, a co-operative society registered under the Kerala Co-operative Societies Act, 1969, claimed eligibility for deduction under Section 80P of the Income Tax Act. It could not file its return for Assessment Year 2018-19 within the prescribed time due to d...