Pls share consequences if report in Form 10 DA was not filed with income tax return and deduction u/s 80JJAA has been claimed in return.
4 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 28 May 2018
If Report u/s. 80JJAA of the Income-tax Act, 1961 – Deduction claimed by company for New Workmen engaged in form 10DA is not filled along with return, then assesee will not entitle for deduction. (Rule 19AB of income tax )
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 30 May 2018
Assessee cannot be denied deduction u/s. 80JJAA on the grounds of non-filing of report in Form No. 10DA since Filing a certificate in Form 10DA for claiming deduction u/s. 80JJAA is a procedural provision, not a mandatory one. ITAT in a case, allows deduction u/s. 80QQB to assessee who fail to file form no 10CCD (https://orange.taxsutra.com/judgments/MRS_MANJU_KAPOOR_DALMIA_vs_INCOME_TAX_OFFICER_fc0f137440124bcb6115afe1cc4ca8?result_type=and&query_id=599eb891d3d73a124c0050f4&position=1)
Recent Topics
- Taxability of Inward remittance in personal accoun
- Case under section 142(1)
- LOAN TAKEN BY A PROPRIETORSHIP FIRM
- Form 27Q TDS Return
- How to remove Schedule S(Salaries) Block2 in salar
- TDS or Tax on Defi on Binance - Crypto - (USDT Tet
- GST ITC to Garment dealers.
- Eport of goods
- Stamp Duty On Transfer
- Advice on Investment of Retirement Corpus
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
