2025 (9) TMI 1374

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....Tax Act, 1961 (hereinafter referred to as the "Act") and relates to Assessment Year (A.Y.) 2023-24. 2. The grounds of appeal raised read as under: "1. Whether on the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in allowing the deduction claimed u/s. 10AA of Rs. 4,82,14,893/-, which was disallowed in the intimation issued u/s. 143(1) dated 25.03.2024, since the assessee failed to respond within the prescribed time and did not furnish the requisite documentation to substantiate its claim for deduction u/s. 10AA of the Act, thereby failing to meet the procedural requirement stipulated under law? 2. Thea appellant craves leave to amend or alter any ground or add a new ground, which may be ....

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....intimation was made, two other attempts made by the assessee to upload the said Form, on 26.03.2024 and 09.04.2024, failed and finally it was only on 17.09.2024 that the assessee was able to successfully upload the Form. This form was uploaded before the hearing began with the Ld. CIT(A) on the 28.10.2024. The Ld. CIT(A) appreciated the fact pointed out by the assessee that in the past also the assessee had been claiming deduction under Section 10AA of the Act and filing Form No. 56F in due time and accordingly, admitted the Form 56F filed by the assessee, directing the AO to verify the said Form and allow the assessee's claim of deduction under Section 10AA of the Act. 5. Before us, the Ld. DR was unable to controvert the fact that the ....