https://www.taxtmi.com/caselaws?id=763238 The Tribunal allowed the appeal, overturning the disallowance of the deduction under Section 10AA of the Income Tax Act for AY 2017-18. It held that the delay in filing Form 56F was procedural and did not invalidate the claim, emphasizing that procedural lapses should not obstruct substantive compliance. The decision supports the legislative intent to promote SEZ activities, restoring the deduction without remand. en-us Fri, 13 Dec 2024 00:00:00 +0530 Mon, 16 Dec 2024 08:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763238 The Tribunal allowed the appeal, overturning the disallowance of the deduction under Section 10AA of the Income Tax Act for AY 2017-18. It held that the delay in filing Form 56F was procedural and did not invalidate the claim, emphasizing that procedural lapses should not obstruct substantive compliance. The decision supports the legislative intent to promote SEZ activities, restoring the deduction without remand. Case-Laws Income Tax Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763238