Allowing the appeal of the assessee the Tribunal held that Audit report filed physically before filing of return, due to technical reason the audit report could not be filed electronically. As regards deposit of cash during Demonetisation period, the Assessing Officer in the course of assessment proceedings has called for explanation after considering the explanation the no addition was made. Revision is held to be not valid. (AY. 2017-18)
Control Print Ltd v. PCIT (2023) 102 ITR 5 (SN)(Mum)(Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Industrial undertaking-Himachal Pradesh-Audit report filed physically before filing of return-Deposit of cash-Demonetisation period-Detailed filed in the course of assessment proceedings-Revision is held to be not valid.[S.80IA(7), 80IC, 80IE (6), 143(3)]