Delayed Form 10DA Filing Cannot Defeat Genuine Section 80JJAA Claim: ITAT Hyderabad

AML Motors (P) Ltd Vs DCIT (ITAT Hyderabad) The Income Tax Appellate Tribunal (ITAT), Hyderabad, allowed the appeal filed by AML Motors Private Limited for Assessment Year 2023-24 concerning denial of deduction under Section 80JJAA of the Income Tax Act due to delayed filing of Form No. 10DA. At the outset, the Tribunal considered a delay of 241 days in filing the appeal before the Tribunal. The assessee explained that the Finance Head, who was responsible for handling tax litigation matters, could not attend to his duties because of the serious medical condition of his wife. Medical records w...