ITAT Indore Allowed Section 80JJAA Deduction Despite Delay in Form 10DA Filing

Charchit Garg Vs ITO (ITAT Indore) The Income Tax Appellate Tribunal, Indore Bench adjudicated an appeal filed against an order of the Commissioner of Income Tax (Appeals) confirming disallowance of deduction under Section 80JJAA of the Income-tax Act, 1961 for Assessment Year 2023–24. The disallowance arose solely on the ground that the prescribed audit report in Form No. 10DA was not filed within the time prescribed under the Act and the Rules. The assessee, an individual engaged in the manufacturing of apparels, filed the return of income on 18.10.2023 declaring total income after claimin...