https://www.taxtmi.com/caselaws?id=459861 ITAT Chennai allowed the assessee's appeal for deduction u/s 80IA despite belated filing of audit report in Form 10CCB. The assessee e-filed the form on 30.03.2019 before CPC processing under section 143(1) occurred on 12.01.2020. The tribunal held that since the form was filed before return processing and the assessee had been granted similar deductions for five previous years, the deduction should be allowed. The CIT(A)/JCIT(A) order was set aside and AO was directed to allow the section 80IA deduction claim. en-us Fri, 09 Aug 2024 00:00:00 +0530 Tue, 31 Dec 2024 23:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459861 ITAT Chennai allowed the assessee's appeal for deduction u/s 80IA despite belated filing of audit report in Form 10CCB. The assessee e-filed the form on 30.03.2019 before CPC processing under section 143(1) occurred on 12.01.2020. The tribunal held that since the form was filed before return processing and the assessee had been granted similar deductions for five previous years, the deduction should be allowed. The CIT(A)/JCIT(A) order was set aside and AO was directed to allow the section 80IA deduction claim. Case-Laws Income Tax Fri, 09 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459861