TMI Blog2017 (3) TMI 1773X X X X Extracts X X X X X X X X Extracts X X X X ..... t in various authoritative pronouncements, it has been held that it is a directory requirement and not a mandatory one. If the assessee has submitted such report during the course of assessment proceedings, and the AO has benefit of such report while evaluating claim of the assessee about admissibility of such deduction, then such claim would not be rejected merely on the ground that audit report ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2343/Ahd/2013 With CO No. 52/Ahd/2014 - - - Dated:- 9-3-2017 - SHRI RAJPAL YADAV, JUDICIAL MEMBER AND SHRI AMARJIT SINGH, ACCOUNTANT MEMBER For the Appellant : Shri Alok Kumar, Sr. DR For the Respondent : Shri Mehul R. Shah ORDER PER RAJPAL YADAV, JUDICIAL MEMBER: Revenue is in appeal before the Tribunal against the order of the ld.CIT(A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ally. The ld.AO has passed assessment order under section 143(3) and granted deduction admissible to the assessee under section 80IB of the Act. Thereafter, the AO has reopened the assessment on the ground that along with return the assessee did not file audit report in Form No.10CCB in support of its claim for deduction under section 80IB. In response to the notice received under section 148, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gone through the record carefully. No doubt sub-section (7) of section 80IA requires the assessee to submit audit report along with return for claiming deduction under section 80IB. But in various authoritative pronouncements, it has been held that it is a directory requirement and not a mandatory one. If the assessee has submitted such report during the course of assessment proceedings, and the A ..... X X X X Extracts X X X X X X X X Extracts X X X X
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