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2018 (7) TMI 2040 - HC - Income TaxDisallowance u/s. 80IA - assessee could not furnish audit report in prescribed form 10CCB - HELD THAT:- The issue involved in the present Appeal is now not res integra in view of the recent decision of the Division Bench of this Court in the case of Pr. Commissioner of Income Tax, Surat 1 vs. Kiran Industries P. Ltd. ( 1760533 ) as repeatedly taken a view that filing of audited accounts in the prescribed format is a procedural requirement and as long as during the assessment the same has been complied with, the deduction cannot be disallowed. Several other High Courts have taken a similar view. - Decided against the Revenue.
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