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2021 (3) TMI 158 - AT - Income TaxDeduction u/s. 80IA - Denial of deduction as assessee failed to comply to the provision of sec. 80IA(7) - assessee not filed Form 10CCB along with the original return - CIT-A allowed deduction - HELD THAT:- assessee had very well raised its sec. 80IA deduction claim with original return filed u/s. 139(1) followed by its revised return along with form 10 CCB which was processed u/s. 143(1) of the Act disallowing the above relief. This clinching fact has gone unrebutted from department side. Coupled with this, we also wish to reiterate here that sec. 80 IA r.w.s. 80IA(7) expressly provides for the impugned relief. We therefore quote hon'ble apex court's landmark decision in KV Pillai vs. CIT [1966 (10) TMI 35 - SUPREME COURT] to express our complete agreement with the CIT(A)'s detailed discussion treating the assessee eligible for the impugned relief. Revenues sole substantive grievance to this effect fails therefore. - Decided against revenue.
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