https://www.taxtmi.com/caselaws?id=234929 The court affirmed that deductions under Section 80-1A of the Income Tax Act do not automatically become inadmissible if the audit report is not submitted with the return of income. Emphasizing the requirement for the audit of the claim by a defined accountant, the court dismissed the appeal, citing the Gujarat Oil & Allied Industries case. The Commissioner of Appeals overturned the Assessing Officer's decision, clarifying that the absence of the audit report with the return does not disqualify the deductions. The court's decision focused on the audit requirement rather than the submission of the audit report with the return of income. en-us Fri, 31 May 2013 00:00:00 +0530 Thu, 04 Jul 2013 07:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234929 The court affirmed that deductions under Section 80-1A of the Income Tax Act do not automatically become inadmissible if the audit report is not submitted with the return of income. Emphasizing the requirement for the audit of the claim by a defined accountant, the court dismissed the appeal, citing the Gujarat Oil & Allied Industries case. The Commissioner of Appeals overturned the Assessing Officer's decision, clarifying that the absence of the audit report with the return does not disqualify the deductions. The court's decision focused on the audit requirement rather than the submission of the audit report with the return of income. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234929