This card's inherited effect and BT21-068 [Growlmon]'s inherited effect triggered simultaneously when BT21-076 [WarGrowlmon] with this card and BT21-068 [Growlmon] in its digivolution cards was deleted. At such times, if I activate this card's effect first and BT21-068 [Growlmon] is returned from the trash to the hand, can I then activate BT21-068 [Growlmon]'s inherited effect?
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Yes, you can. When a Digimon is deleted and an [On Deletion] effect on a digivolution card is triggered, it will only be pending activation for the Digimon card with that digivolution card. You can activate BT21-068 [Growlmon]'s inherited effect even if BT21-068 [Growlmon] is returned to the hand by this card's inherited effect.
Source: P-177 Gigimon