https://www.taxtmi.com/caselaws?id=775027 The ITAT Delhi upheld the CIT(Appeals) decision allowing deduction u/s 80IB(11A) despite the assessee's failure to file Form 10CCB within the due date. The tribunal relied on the Delhi HC decision in Shri Bawani Power Projects Pvt. Ltd., which followed SC precedents in Wipro Limited and G.M. Knitting, establishing that deductions can be claimed even when audit reports are not filed with the original return but are submitted before assessment completion. The CIT(Appeals) had directed the AO to verify if the audit report was filed with the revised return and allow the deduction accordingly, following the ITAT Mumbai decision in Kamdhenu Builders and Developers. The tribunal found no infirmity in the CIT(Appeals) order and rejected the Revenue's grounds of appeal. en-us Wed, 18 Jun 2025 00:00:00 +0530 Fri, 18 Jul 2025 08:22:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775027 The ITAT Delhi upheld the CIT(Appeals) decision allowing deduction u/s 80IB(11A) despite the assessee's failure to file Form 10CCB within the due date. The tribunal relied on the Delhi HC decision in Shri Bawani Power Projects Pvt. Ltd., which followed SC precedents in Wipro Limited and G.M. Knitting, establishing that deductions can be claimed even when audit reports are not filed with the original return but are submitted before assessment completion. The CIT(Appeals) had directed the AO to verify if the audit report was filed with the revised return and allow the deduction accordingly, following the ITAT Mumbai decision in Kamdhenu Builders and Developers. The tribunal found no infirmity in the CIT(Appeals) order and rejected the Revenue's grounds of appeal. Case-Laws Income Tax Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775027