https://www.taxtmi.com/caselaws?id=458549 ITAT Delhi allowed the assessee's appeal regarding Section 80IC deduction despite an 18-day delay in filing the return. The tribunal held that the Central Board of Direct Taxes had condoned the delay through an order dated 29/03/2017, making the assessee eligible for the deduction. Following the precedent in CIT vs. Magnum Exports Private Limited, the tribunal directed the AO to consider Form 10CCB dated 25/09/2012 and examine the claim afresh on merit. en-us Mon, 04 Sep 2017 00:00:00 +0530 Tue, 05 Nov 2024 19:48:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458549 ITAT Delhi allowed the assessee's appeal regarding Section 80IC deduction despite an 18-day delay in filing the return. The tribunal held that the Central Board of Direct Taxes had condoned the delay through an order dated 29/03/2017, making the assessee eligible for the deduction. Following the precedent in CIT vs. Magnum Exports Private Limited, the tribunal directed the AO to consider Form 10CCB dated 25/09/2012 and examine the claim afresh on merit. Case-Laws Income Tax Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458549