Exemption u/s 10A of the Income Tax Act not available when return is filed belatedly

Redisolve Software P. Ltd. Vs DCIT (ITAT Chennai) ITAT Chennai held that return of income has to be filed as per section 139 of the Income Tax Act for claiming benefit under section 10A. Exemption under section 10A is not available in case the return is filed belatedly. Facts- The assessee company belatedly filed its return of income for the year under consideration claiming deduction under section 10A of the Act and the same was accepted by AO in the assessment order passed u/s. 143(3) of the Act dated 25.03.2013. Subsequently, by exercising the power conferred u/s. 263 of the Act, the ld. CI...