Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (9) TMI 2064 - AT - Income TaxDisallowance of deduction claimed u/s 80IB(10) - discrepancy in the form No.10CCB - HELD THAT:- From the finding of the Ld. CIT(A), it is found that the objections of the assessing officer has been met by the assessee as the assessee has produced a certificate from the Chartered Accountant stating the discrepancy as typographical error and also by furnishing completion certificate issued by the local authority. Further, as per the CBDT instruction No.4 of 2009 dated 30.6.2009, the assessee can claim deduction on a year to year basis. We therefore, do not see any infirmity in the order of the Ld. CIT(A) and the ground of the revenue’s appeal is rejected. Addition of bogus creditors - D.R. submitted that the notices sent to these creditors were returned unserved, therefore, the A.O. was justified in making the addition - CIT(A) has deleted this addition - HELD THAT:- We do not see any reason to interfere in this finding of the Ld. CIT(A) as the findings are based upon the evidences furnished by the assessee. Moreover, the assessee has filed affidavits of the creditors, their bank account and also the supporting bills. This ground of the revenue’s appeal is dismissed.
|