CIT v. Fortuna Foundation Engineers & Consultants (P.) Ltd.

81 Taxmann.com 189High Court2017#5406 most cited

What is CIT v. Fortuna Foundation Engineers & Consultants (P.) Ltd. authority for?

The requirement to file an audit report in Form 10CCB before the due date for claiming deductions under Section 80-IB(11A) is directory, not mandatory. Therefore, a claim for deduction cannot be denied solely because the report was not uploaded on or before the due date for furnishing the audit report.

22

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2022 to 2025.

Also referred to as

CIT v. Fortuna Foundation Engineers & Consultants (P.) Ltd. · section 80IA(7) · section 80IB(11A) · Form 10CCB · audit report · due date · directory requirement · deduction claim · income tax act

Issues it is cited on

Judgments citing CIT v. Fortuna Foundation Engineers & Consultants (P.) Ltd.

OAN INDUSTRIES PRIVATE LIMITED,JAIPUR vs. ITO, WARD 4(2), JAIPUR, JAIPUR

In the result, appeal of the assessee is dismissed

ITA 584/JPR/2024[2023-24]Status: DisposedITAT Jaipur10 Jul 2024AY 2023-24

Bench: Shri Sandeep Gosain & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.584/Jpr/2024 िनधा"रण वष" / Assessment Year : 2023-24 Oan Industries Private The Income Tax Limited, V Officer, 134, Malhotra Nagar, Near S Ward-4(2), Jaipur. Vidyadhar Nagar Stadium, Vidyadhar Nagar, Jaipur, Rajasthan – 302039. Pan: Aacco9587F Appellant / Assessee Respondent / Revenue Assessee By Shri Mukesh Khandelwal – Ca Revenue By Shri Rajesh Kumar Meena- Addl.Cit(Dr) Date Of Hearing 04/07/2024 Date Of Pronouncement 10/07/2024 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By The Assessee Is Against The Order Of Ld.Addl.Commissioner Of Income Tax/Jcit(Appeals)-2, Pune U/Sec.250 Of The Income Tax Act, 1961; For A.Y.2023-24 Dated Oan Industries Private Limited [A]

Section 115JSection 119(2)(b)Section 143(1)Section 250Section 4Section 44ASection 5Section 7Section 80

…।आयकर अपीलीय अिधकरण ”ए” "ायपीठ जयपुर म"। IN THE INCOME TAX APPELLATE TRIBUNAL JAIPUR BENCHES “A” :: JAIPUR BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No.584/JPR/2024 िनधा"रण वष" / Assessment Year : 2023-24 OAN Industries Private The Income Tax Limited, V Officer, 134, Malhotra Nagar, Near s Ward-4(2), Jaipur. Vidyadhar Nagar Stadium, Vidyadhar Nagar, Jaipur, Rajasthan – 302039. PAN: AACCO9587F Appellant / Assessee Respondent / Revenue Assessee by Shri Mukesh Khandelwal – CA Revenue by Shri Rajesh Kumar Meena- Addl.CIT(DR) Date of hearing 04/07/2024…

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