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2023 (5) TMI 1140 - ITAT RAIPURDeduction u/s 80IB - audit report in the prescribed Form 10CCB was filed beyond the stipulated time period - delay occurred due to technical glitches during critical phase of pandemic COVID-19 - HELD THAT:- It settled position of law as laid down in the case of Dilip Kumar and Company (2018 (7) TMI 1826 - SUPREME COURT] that the assessee in the present case had failed to strictly comply with the innate statutory requirements contemplated in section 80IB (11A) r.w. 80IB(13) r.w.80IA(7) of the Act, which in clear and unequivocal terms disentitles an assessee from claiming deduction u/s 80IB of the Act, if it had, inter alia, failed to furnish the audit report in Form 10CCB r.w. 18 BBB before the specified date referred to Section 44AB of the Act, therefore, the lower authorities have rightly declined her claim for deduction u/s.80IB of the Act. As the assessee had failed to comply with the statutory conditions which rendered her eligible for claiming deduction u/s.80IB of the Act, therefore, finding no infirmity in the view taken by the lower authorities who had rightly declined her claim for deduction. Decided against assessee.
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