https://www.taxtmi.com/caselaws?id=451158 The ITAT Delhi allowed the assessee's appeal for deduction u/s 80IC despite Form 10CCB being filed after the due date. The assessee filed the return on 29.08.2017 with due date 07.11.2017, tax audit report on 28.10.2017, and Form 10CCB on 28.05.2018. Since Form 10CCB was filed before the section 143(1) intimation dated 08.02.2019, the tribunal held the deduction should be allowed. Following SC precedent in G.M. Knitting Industries, the tribunal ruled that filing required forms during assessment proceedings before final order constitutes sufficient compliance for claiming deductions. en-us Thu, 25 Jan 2024 00:00:00 +0530 Thu, 21 Mar 2024 06:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451158 The ITAT Delhi allowed the assessee's appeal for deduction u/s 80IC despite Form 10CCB being filed after the due date. The assessee filed the return on 29.08.2017 with due date 07.11.2017, tax audit report on 28.10.2017, and Form 10CCB on 28.05.2018. Since Form 10CCB was filed before the section 143(1) intimation dated 08.02.2019, the tribunal held the deduction should be allowed. Following SC precedent in G.M. Knitting Industries, the tribunal ruled that filing required forms during assessment proceedings before final order constitutes sufficient compliance for claiming deductions. Case-Laws Income Tax Thu, 25 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451158