https://www.taxtmi.com/caselaws?id=206187 The Appellate Tribunal ITAT, Hyderabad upheld the CIT(A)'s decision regarding the disallowance of deduction under section 80-IB for not filing the audit report in Form 10CCB along with the return of income. The Tribunal ruled that the non-filing of the audit report was a curable defect and did not preclude the assessee from claiming the deduction once the defect was rectified. Additionally, the Tribunal determined that Unit II was not a distinct entity eligible for a deduction under section 80-IB(3)(ii) as it lacked independence from Unit I. The Tribunal dismissed the Revenue's appeals in both cases. en-us Fri, 31 Dec 2010 00:00:00 +0530 Sun, 23 Oct 2011 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206187 The Appellate Tribunal ITAT, Hyderabad upheld the CIT(A)'s decision regarding the disallowance of deduction under section 80-IB for not filing the audit report in Form 10CCB along with the return of income. The Tribunal ruled that the non-filing of the audit report was a curable defect and did not preclude the assessee from claiming the deduction once the defect was rectified. Additionally, the Tribunal determined that Unit II was not a distinct entity eligible for a deduction under section 80-IB(3)(ii) as it lacked independence from Unit I. The Tribunal dismissed the Revenue's appeals in both cases. Case-Laws Income Tax Fri, 31 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206187