Belated Filing of ITR due to Delay in Statutory Audit Completion, 80B Deduction Denied: Madras HC Condones Delay, Remands for Reconsideration [Read Order]
The petitioner is a co-operative credit society and undoubtedly if such society is unable to avail of statutory deductions, there would be genuine hardship to its members
By Navasree A.M - On April 9, 2024 12:14 pm - 2 mins read
In a recent ruling, the Madras High Court condoned the delay of the Income Tax Returns ( ITR ) filed by the Agricultural Co-operative Credit Society considering the genuine hardships faced by the members. The matter was remanded for reconsideration. The petitioner, S 878 Kalvadangam Primary Agricultural Co-operative Credit Society Limited, functioning under the Tamil Nadu…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
