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

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