https://www.taxtmi.com/caselaws?id=448890 ITAT Delhi held that filing Form 10CCB before the due date under section 139(1) is directory, not mandatory, for claiming deduction under section 80-IA. Following precedents from Delhi, Allahabad, Uttarakhand, and Karnataka HCs, the tribunal ruled that if the audit report is filed before assessment framing, section 80IA(7) requirements are satisfied. The AO was directed to allow the claimed deduction, and the assessee's grounds were allowed. en-us Tue, 30 Jan 2024 00:00:00 +0530 Thu, 01 Feb 2024 07:45:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448890 ITAT Delhi held that filing Form 10CCB before the due date under section 139(1) is directory, not mandatory, for claiming deduction under section 80-IA. Following precedents from Delhi, Allahabad, Uttarakhand, and Karnataka HCs, the tribunal ruled that if the audit report is filed before assessment framing, section 80IA(7) requirements are satisfied. The AO was directed to allow the claimed deduction, and the assessee's grounds were allowed. Case-Laws Income Tax Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448890