Condonation requests for A.Y2023-24

for A.Y.2023-24 a co operative society' s statutory completed belatedly. Therefore the society is unable to file income tax return because 80P deduction cannot avail after due date. Therefore it submits condonation requests to CIT. But they can only grant condonation from A.Y.2018-19 to A.Y.2022-23. Therefore the society submits the condonation requests directly to CBDT through speed post and post was delivered. Still no response from CBDT. currently the society' s bank asks for filed income tax return. what to do?
suggestions are appreciated...
Replies (1)

Hi R. Venkadesh,

This is a common issue faced by cooperative societies and other entities where delayed compliance affects crucial benefits like Section 80P deduction. Here are some practical suggestions:


1. Follow Up with CBDT & CIT

  • Since you already sent the condonation request to CBDT by speed post, follow up via official channels — you can send a reminder email or write a letter to both the CIT and CBDT referencing the original application and delivery proof.

  • Contact the jurisdictional CIT office and request an update on the status of your condonation application.


2. Request Interim Relief from the Assessing Officer

  • Approach the AO and explain the situation.

  • Request interim relief or provisional acceptance to enable filing the return for the bank's sake, pending final decision on condonation.

  • Sometimes, AO may accept a provisional return or grant limited relief to help with banking needs.


3. File Return Without Claiming 80P Deduction

  • To satisfy the bank's requirement for a filed ITR, file the return even without claiming the 80P deduction.

  • This allows the return to be in order while you await condonation.

  • Later, when condonation is granted, a revised return or rectification request can be filed to claim the deduction.


4. Use Legal Remedies if Needed

  • If no response is received for a prolonged period, consider filing a representation or complaint with the Principal Chief Commissioner of Income Tax (PCCIT) or the Central Vigilance Commission (CVC) for delay in decision.

  • As a last resort, you may consider Writ Petition to seek directions for early disposal.


5. Maintain Documentation

  • Keep all communication, proof of delivery, reminders, and bank correspondence handy. This will help demonstrate your proactive approach if questioned later.

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