https://www.taxtmi.com/caselaws?id=438333 The appeal was dismissed, upholding the denial of the deduction under section 80IB (11A) of the Income-tax Act, 1961. The Judicial Member emphasized the necessity of strict compliance with statutory conditions for claiming deductions, citing relevant case law. The failure of the assessee to timely file the audit report in Form 10CCB led to the rejection of the deduction claim, in line with Circular No.01/2022. The judgment, delivered on 26th May 2023 by Judicial Member Shri Ravish Sood, affirmed the decision of the lower authorities. en-us Fri, 26 May 2023 00:00:00 +0530 Sun, 28 May 2023 23:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438333 The appeal was dismissed, upholding the denial of the deduction under section 80IB (11A) of the Income-tax Act, 1961. The Judicial Member emphasized the necessity of strict compliance with statutory conditions for claiming deductions, citing relevant case law. The failure of the assessee to timely file the audit report in Form 10CCB led to the rejection of the deduction claim, in line with Circular No.01/2022. The judgment, delivered on 26th May 2023 by Judicial Member Shri Ravish Sood, affirmed the decision of the lower authorities. Case-Laws Income Tax Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438333