https://www.taxtmi.com/caselaws?id=175749 The appeal was dismissed in a case involving disallowance under section 80IB and addition under section 68 of the Income Tax Act for the assessment year 2005-06. The court allowed the deduction under section 80IB, stating that the audit report need not be furnished at the time of filing the return. Regarding the addition under section 68, the court upheld the treatment of share application money and premium, following the judgment of the Madras High Court. The Revenue's appeal was dismissed, with the order pronounced on 19.5.2011. en-us Thu, 19 May 2011 00:00:00 +0530 Fri, 04 Dec 2015 13:11:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175749 The appeal was dismissed in a case involving disallowance under section 80IB and addition under section 68 of the Income Tax Act for the assessment year 2005-06. The court allowed the deduction under section 80IB, stating that the audit report need not be furnished at the time of filing the return. Regarding the addition under section 68, the court upheld the treatment of share application money and premium, following the judgment of the Madras High Court. The Revenue's appeal was dismissed, with the order pronounced on 19.5.2011. Case-Laws Income Tax Thu, 19 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175749