Disallowance post Form 10CCB filing is debatable & not permissible u/s 143(1)

Surendra Steels Private Limited Vs DCIT (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT) Kolkata recently issued a ruling in the case of Surendra Steels Private Limited vs. Deputy Commissioner of Income Tax (DCIT). This case, identified as ITA No. [specific ITA number not provided], pertains to the assessment year 2019-20 and centers on the disallowance of a significant deduction under section 80IC of the Income Tax Act, 1961. The case highlights important procedural aspects of tax law and their impact on legitimate deduction claims. Background and Initial Proceedings Surendra Steels Pr...