Filing of Audit Report along with Income Tax Return is not Mandatory

Issue- Whether Income Tax Appellate Tribunal was correct in law, under the facts and circumstances of the case in holding that furnishing of the report in form No. 10CCB as per the requirement of Section 80IB (13) read with Section 80IA (7) is  only directory and not mandatory and allowing the claim of the Assessee on the basis of report furnished in the course of assessment proceedings. Held by High Court 1. With regard to question no. 2 above in ITA No. 73 of 2010, we are of the view that it is not mandatory. This question is regarding filing of audit report in form 10CCB. If it is not file...