2023 (3) TMI 613 - AT - Income Tax

Exemption u/s 11 - Disallowance of claim as assessee has not e-filed the audit report in Form No. 10B along with or before filing the return of income - demand created u/s 143(1) - HELD THAT:- Considering the fact that the A.O./ CPC, Bangalore has already rectified the mistake dated 06/08/2019 wherein the demand raised against the assessee was reversed and the income return for the Assessment Year 2017-18 was accepted by the Department, the Appeal filed by the Revenue challenging order of the CIT(A) deleting the addition made by the A.O. on merit does not survive. Accordingly, the Grounds of Appeal of the Revenue fails. Appeal filed by the Revenue is dismissed.