Section 80P Addition: Delay in Appeal Condoned, Case Restored to CIT(A)

Endurance Systems (I) Pvt. Ltd. Vs ITO (ITAT Pune) In a recent directive, the Income Tax Appellate Tribunal (ITAT), Pune Bench, has instructed the Commissioner of Income Tax (Appeals) [CIT(A)] / National Faceless Appeal Centre (NFAC), Delhi, to condone a 55-day delay in an appeal filed by Endurance Systems (I) Pvt. Ltd. The appeal concerns the assessment year 2020-21 and relates to a disputed deduction claim of Rs. 37.46 lakh under Section 80P of the Income Tax Act, 1961, which was disallowed by the Assessing Officer in an ex-parte assessment. The case originated when Endurance Systems (I) Pvt...