2016 (2) TMI 434

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... Revenue is in appeal against the judgement of the Income Tax Appellate Tribunal, raising the following question for our consideration : "Whether the report in Form No. 56F not filed with return and also not during the course of assessment proceedings can be said be valid compliance for claiming of deduction u/s.10A?" 2. Issue pertains to deduction under section 10A of the Income Tax ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ecisions of this Court, particularly in case of Zenith Processing Mills v. CIT reported in 219 ITR 721 to come to the conclusion that when the assessee had eventually filed such returns, though at the appellate stage, the same must be seen as sufficient compliance. In our opinion, the Tribunal committed no error. As noted, the Revenue does not have any grievance or objection regarding the validity....