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2013 (11) TMI 735 - PUNJAB & HARYANA HIGH COURTAllowance of claim u/s 80J - Deduction in respect of profits and gains from newly established industrial undertakings or ships or hotel business in certain cases - Assessee failed to comply with the mandatory provisions of section 80J(6A) of the Income Tax Act, 1961 – Held that:- Reliance has been placed on the judgment in the case of Commissioner of Income-Tax Versus Jaideep Industries [1989 (4) TMI 35 - PUNJAB AND HARYANA High Court] - No escape from the conclusion that the requirement of the audit report being filed along with the return of income is rendered mandatory by the provisions thereof - Deduction claimed shall not be admissible unless the assessee also furnishes along with the return, the audit report in the prescribed form duly signed and verified by the accountant – Decided in favor of Revenue.
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