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2012 (9) TMI 1005 - AT - Income TaxClaim u/s 10B declined - delay on part of the assessee in filing the ‘return’ under section 139(1) - Held that:- The substantive ground for rejecting assessee’s deduction claim is only that of delay of one month(supra) in filing ‘return’, we are of the opinion that the assessee has successfully explained the delay. Accordingly we hold that the assessee has filed a valid return under section 139(1) of the ‘Act’. Accordingly, the assessee is also held entitled for getting the deduction under section 10B of the Act. - Decided in favour of assessee.
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