https://www.taxtmi.com/caselaws?id=782655 ITAT Delhi held that deduction under s.80IAC cannot be denied solely for not filing Form 10CCB within the due date, treating the timeline as procedural, provided the audit report is furnished before completion of assessment. Relying on SC precedent interpreting s.80IA(7) and considering the Finance Act 2020 amendment, the Tribunal ruled that the assessee met the substantive compliance for claiming deduction. However, as this was the first year of claim and the AO had not examined eligibility or quantum, the matter was remanded to the AO for fresh determination in accordance with law. en-us Fri, 28 Nov 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782655 ITAT Delhi held that deduction under s.80IAC cannot be denied solely for not filing Form 10CCB within the due date, treating the timeline as procedural, provided the audit report is furnished before completion of assessment. Relying on SC precedent interpreting s.80IA(7) and considering the Finance Act 2020 amendment, the Tribunal ruled that the assessee met the substantive compliance for claiming deduction. However, as this was the first year of claim and the AO had not examined eligibility or quantum, the matter was remanded to the AO for fresh determination in accordance with law. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782655