https://www.taxtmi.com/caselaws?id=192805 The Tribunal upheld the Assessing Officer's disallowance of the deduction under section 80-IB(10) of the Income-tax Act due to the late filing of the return, citing the mandatory requirement to file within the specified due date. However, the disallowance under section 14A of the Act was overturned as there was no claim of exempt income in the return, rendering the disallowance unjustified. The issue of interest under sections 234A, 234B, and 234C was remanded for further consideration by the AO. The appeal was partially allowed by the Tribunal on 20th February 2015. en-us Fri, 20 Feb 2015 00:00:00 +0530 Thu, 22 Jun 2017 09:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192805 The Tribunal upheld the Assessing Officer's disallowance of the deduction under section 80-IB(10) of the Income-tax Act due to the late filing of the return, citing the mandatory requirement to file within the specified due date. However, the disallowance under section 14A of the Act was overturned as there was no claim of exempt income in the return, rendering the disallowance unjustified. The issue of interest under sections 234A, 234B, and 234C was remanded for further consideration by the AO. The appeal was partially allowed by the Tribunal on 20th February 2015. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192805