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2023 (10) TMI 1059 - ITAT VISAKHAPATNAMExemption u/s 11 - Claim denied as assessee has not filed Audit Report in Form 10B along with the return - Later on the assessee filed audit report in Form 10B but since the audit report was filed after filing the return of income, CPC disallowed the exemption claimed while processing the return u/s 143(1) - assessee as filed an application for condonation of delay before the DIT(Exemptions), Hyderabad and since the delay is under consideration, the Ld. CIT(A) allowed the assessee’s appeal for statistical purpose - HELD THAT:- As delay in filing the Form No.10B was condoned by the Ld. CIT (Exemptions), the exemption claimed u/s 11 was granted and rectification order to that effect was passed by the Exemption Ward, Visakhapatnam. Now, since the grievance of the assessee is redressed, the assessee pleaded for withdrawal of the appeal. Therefore, have no hesitation to permit the assessee for withdrawal of the appeal.
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