Deduction Upheld Despite Late Filing of Audit Form Under Section 80IAC

FIVD India Consulting Pvt. Ltd. Vs DCIT (ITAT Delhi) ITAT Delhi Order on Deduction u/s 80IAC – Whether Delay in Filing Form 10CCB Is Fatal to Substantive Benefits Scope of Amendment to Section 80IA(7) – ITAT Delhi I. Key Issue The central question before the Tribunal was whether a start-up claiming deduction under section 80IAC could be denied the benefit solely because Form 10CCB was not filed before the “specified date” referred to in section 44AB, even though: the audit was completed on time, Form 10CCB was duly signed before the specified date, and the form was uploaded before com...