Deduction claimed u/s 11(1)(a) - audit report was filed ...

Income Tax

January 20, 2023

Deduction claimed u/s 11(1)(a) - audit report was filed belatedly - in the assessment year under consideration, viz., AY 2015-16, the requirement under the Act was to file audit report along with the return of income. Accordingly, in our view, the assessee has complied with the conditions prescribed in sec. 12(1)(b) by furnishing audit report along with the return of income - Claim allowed - AT

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Deduction claimed u/s 11(1)(a) - audit report was filed ...

Income Tax

January 20, 2023

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