https://www.taxtmi.com/caselaws?id=458100 The Tribunal allowed the appeal filed by the assessee, deleting the disallowance of the deduction claimed under section 80IC of the Income Tax Act. It determined that the procedural irregularity of not submitting Form 10CCB with the return was not sufficient to deny the deduction, as the form was submitted before the adjustment was made. The Tribunal emphasized that such issues should be addressed through scrutiny assessment rather than prima facie adjustment under section 143(1). The decision was pronounced in Kolkata on May 20, 2022. en-us Fri, 20 May 2022 00:00:00 +0530 Tue, 08 Oct 2024 07:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458100 The Tribunal allowed the appeal filed by the assessee, deleting the disallowance of the deduction claimed under section 80IC of the Income Tax Act. It determined that the procedural irregularity of not submitting Form 10CCB with the return was not sufficient to deny the deduction, as the form was submitted before the adjustment was made. The Tribunal emphasized that such issues should be addressed through scrutiny assessment rather than prima facie adjustment under section 143(1). The decision was pronounced in Kolkata on May 20, 2022. Case-Laws Income Tax Fri, 20 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458100