Condonation of delay in filing Form 10-IC under section 119(2)(b): allowed where return timely filed and 115BAA option indicated. Delay in filing Form 10-IC for the previous year relevant to A.Y. 2020-21 is condoned under section 119(2)(b) where: the return of income for A.Y. 2020-21 was filed on or before the due date under section 139(1); the assessee company opted for taxation under the concessional regime in item (e) of 'Filing Status' in 'Part A-GEN' of ITR-6; and Form 10-IC is filed electronically on or before 30.06.2022 or three months from the end of the month of issue of the circular, whichever is later.