https://www.taxtmi.com/caselaws?id=422629 The appeal was dismissed, with the CIT(A) affirming the AO's disallowance of the deduction claim under Section 80IA. The CIT(A) emphasized the binding nature of the Supreme Court decision in Goetze India Ltd., the advisory nature of the CBDT Circular, and the mandatory provisions of Section 80AC and the fourth proviso to Section 139(1). The CIT(A) also exercised discretion in not admitting the claim at the appellate stage, based on the facts and law applicable to the case. en-us Tue, 10 May 2022 00:00:00 +0530 Thu, 19 May 2022 08:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422629 The appeal was dismissed, with the CIT(A) affirming the AO's disallowance of the deduction claim under Section 80IA. The CIT(A) emphasized the binding nature of the Supreme Court decision in Goetze India Ltd., the advisory nature of the CBDT Circular, and the mandatory provisions of Section 80AC and the fourth proviso to Section 139(1). The CIT(A) also exercised discretion in not admitting the claim at the appellate stage, based on the facts and law applicable to the case. Case-Laws Income Tax Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422629