https://www.taxtmi.com/caselaws?id=307810 The ITAT allowed the appeal against the decline of the deduction under Section 80IB of the Income Tax Act for the assessment year 2013-14. The ITAT held that the failure to file the audit report electronically did not disentitle the assessee from the claim if filed during assessment proceedings. The ITAT relied on judicial precedents to emphasize that filing the audit report before the completion of assessment suffices, even if not filed along with the return of income. The matter was remanded to the Assessing Officer to allow the deduction if all conditions under Section 80IB were met. en-us Wed, 27 Mar 2019 00:00:00 +0530 Tue, 09 May 2023 21:17:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307810 The ITAT allowed the appeal against the decline of the deduction under Section 80IB of the Income Tax Act for the assessment year 2013-14. The ITAT held that the failure to file the audit report electronically did not disentitle the assessee from the claim if filed during assessment proceedings. The ITAT relied on judicial precedents to emphasize that filing the audit report before the completion of assessment suffices, even if not filed along with the return of income. The matter was remanded to the Assessing Officer to allow the deduction if all conditions under Section 80IB were met. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307810