https://www.taxtmi.com/caselaws?id=298054 The Tribunal ruled in favor of the assessee, holding that the Commissioner of Income Tax (CIT) erred in invoking Section 263 and that the non-filing of the Audit Report before the Assessing Officer did not prevent the assessee from claiming the deduction under Section 80IB. The Tribunal annulled the revision proceedings under Section 263 and reinstated the Assessing Officer's order allowing the deduction. en-us Fri, 10 Apr 2015 00:00:00 +0530 Fri, 08 Oct 2021 08:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298054 The Tribunal ruled in favor of the assessee, holding that the Commissioner of Income Tax (CIT) erred in invoking Section 263 and that the non-filing of the Audit Report before the Assessing Officer did not prevent the assessee from claiming the deduction under Section 80IB. The Tribunal annulled the revision proceedings under Section 263 and reinstated the Assessing Officer's order allowing the deduction. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298054