https://www.taxtmi.com/caselaws?id=777590 ITAT allowed the appeal, holding that the assessee is entitled to deduction u/s 10AA based on a revised audit report in Form 56F filed during assessment proceedings. The Tribunal rejected the AO's contention that the Form 56F was time-barred because it was filed after issuance of the show-cause notice, applying judicial precedents that absence of filing with the return does not bar the claim for the year under consideration. The Tribunal noted the Finance Bill, 2023 amendment was prospective and did not affect the assessment year at issue. en-us Fri, 10 Jan 2025 00:00:00 +0530 Tue, 02 Sep 2025 08:01:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777590 ITAT allowed the appeal, holding that the assessee is entitled to deduction u/s 10AA based on a revised audit report in Form 56F filed during assessment proceedings. The Tribunal rejected the AO's contention that the Form 56F was time-barred because it was filed after issuance of the show-cause notice, applying judicial precedents that absence of filing with the return does not bar the claim for the year under consideration. The Tribunal noted the Finance Bill, 2023 amendment was prospective and did not affect the assessment year at issue. Case-Laws Income Tax Fri, 10 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777590