non filing of Form 56 F
This query is : Resolved
03 January 2008
The assessee has not filed form no 56 F along with return of income to claim deduction u/s 10A of I T Act 1961. The deduction was disallowed by ITO . What should we do next in order to claim this deduction
Nilesh Shah
(Expert)
13 March 2010
Nilesh Shah Replies:
Though your query is old I am still replying.
The assessee can take shelter of the decision of Delhi High Court in the case of :
Commissioner of Income-tax v. WEB Commerce (India) P. Ltd.
[2009] 318 ITR 0135
12-12-2008
Export business--Free trade zone--Exemption--Provisions of section 10B(5) identical with provisions of section 80-IA(7) and section 80HHB(3)(ia)--Filing of audit report along with return--Directory--Report can be filed before assessment--Income-tax Act, 1961, ss. 10A, 10B(5), 80HHB(3)(ia), 80-IA, 80J(6A).
Though your query is old I am still replying.
The assessee can take shelter of the decision of Delhi High Court in the case of :
Commissioner of Income-tax v. WEB Commerce (India) P. Ltd.
[2009] 318 ITR 0135
12-12-2008
Export business--Free trade zone--Exemption--Provisions of section 10B(5) identical with provisions of section 80-IA(7) and section 80HHB(3)(ia)--Filing of audit report along with return--Directory--Report can be filed before assessment--Income-tax Act, 1961, ss. 10A, 10B(5), 80HHB(3)(ia), 80-IA, 80J(6A).
11 May 2012
The query has been answered. Accordingly closed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST input credit on commercial property
- ETDS return q4 25-26
- Gift to nri relatives residing in usa
- Intimation under section 245
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
