Section 80IC Deduction can’t be denied for mere Form 10CCB filing delay

Bhagwan Precision Vs ACIT (ITAT Delhi) Section 80IC Deduction cannot be denied merely for delay in filing Form 10CCB – Audit Report Filing held Directory, Not Mandatory Delhi ITAT has held that deduction u/s 80IC cannot be denied merely because Form 10CCB was not filed along with the original return of income, as long as the deduction was claimed in the return filed within due date & the audit report was submitted before completion of assessment. Assessee , a partnership firm engaged in manufacturing of precision turned parts from its Haridwar unit, claimed deduction of ₹84,36,767 u/s ...