This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Deduction u/s 80IA Allowed despite Late Filing of Form 10CCB as It was Directory, Not Mandatory
Case Law Details
- Case Name
- ACIT Vs Hi Tech Systems & Services Limited (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2022-23
- Courts
- All ITAT, ITAT Kolkata
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
ACIT Vs Hi Tech Systems & Services Limited (ITAT Kolkata)
Conclusion: Filing of Form 10CCB required for claiming deductions under Section 80IA before the due date for filing of return of income u/s 139(1) was only directory and not mandatory for the year under consideration.
Held: Assessee-company was engaged in operating wind power plants and was eligible for deductions under Section 80IA. Assessee filed its income tax return within the extended deadline set by the CBDT for the assessment year (AY) 2022-23. The audit report in Form 10CCB was submitted four days after the ...
Author Info
