CPC Can’t Deny 80IE Deduction Without Intimation; Late Form 10CCB Filing Before Assessment Held Valid

Deepa Jhunjhunwala Vs ITO (ITAT Kolkata) CPC’s Adjustment Without Hearing Violates Law – ITAT Guwahati Grants 80IE Deduction for Late Form Filing Assessee, engaged in business eligible for deduction u/s 80IE, faced disallowance by CPC while processing returns for AYs 2016-17 & 2017-18. CPC denied deduction on two grounds — (i) adjustment made without prior intimation u/s 143(1)(a), & (ii) belated filing of audit report in Form 10CCB. Before Tribunal, the Assessee contended that CPC made adjustments without giving opportunity of being heard, contrary to the proviso to section 143(...