https://www.taxtmi.com/caselaws?id=763969 The ITAT Pune allowed the assessee's appeal regarding denial of deduction under section 80IA(4). The revenue authorities had rejected the deduction because the audit report in Form-10CCB was filed late, not with the original return. The Tribunal relied on Kolkata Bench precedent in Tarasafe International case, which followed SC's Wipro Ltd decision, holding that filing audit report before final assessment order entitles deduction under similar provisions. Since the assessee filed Form-10CCB before return processing, the deduction was rightfully allowed. en-us Mon, 30 Dec 2024 00:00:00 +0530 Wed, 01 Jan 2025 08:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763969 The ITAT Pune allowed the assessee's appeal regarding denial of deduction under section 80IA(4). The revenue authorities had rejected the deduction because the audit report in Form-10CCB was filed late, not with the original return. The Tribunal relied on Kolkata Bench precedent in Tarasafe International case, which followed SC's Wipro Ltd decision, holding that filing audit report before final assessment order entitles deduction under similar provisions. Since the assessee filed Form-10CCB before return processing, the deduction was rightfully allowed. Case-Laws Income Tax Mon, 30 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763969