https://www.taxtmi.com/caselaws?id=430451 The Tribunal upheld the disallowance of deductions under sections 80IC or 80IE due to the belated filing of the return, emphasizing the statutory requirement of timely compliance for claiming deductions. The dismissal of the appeal by the CIT(A) without considering relevant grounds and the denial of deductions without CBDT authorization were also affirmed. The Tribunal stressed the need for adherence to procedural requirements and highlighted the importance of thorough consideration before confirming additions or disallowances. Additionally, the Tribunal reiterated the significance of filing returns within the specified timeline to claim deductions and ensuring accurate assessment based on applicable provisions. Permission was granted for presenting additional grounds during the hearing to ensure a fair opportunity for the appellant. en-us Mon, 17 Oct 2022 00:00:00 +0530 Sat, 19 Nov 2022 08:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430451 The Tribunal upheld the disallowance of deductions under sections 80IC or 80IE due to the belated filing of the return, emphasizing the statutory requirement of timely compliance for claiming deductions. The dismissal of the appeal by the CIT(A) without considering relevant grounds and the denial of deductions without CBDT authorization were also affirmed. The Tribunal stressed the need for adherence to procedural requirements and highlighted the importance of thorough consideration before confirming additions or disallowances. Additionally, the Tribunal reiterated the significance of filing returns within the specified timeline to claim deductions and ensuring accurate assessment based on applicable provisions. Permission was granted for presenting additional grounds during the hearing to ensure a fair opportunity for the appellant. Case-Laws Income Tax Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430451