Imported seaweed extract provisionally released on bond only; declaratory rejection set aside; appellate decision due within section 128-A(4-A) three ...
Page of 4823
Press 'Enter' after typing page number.
9341 to 9360 of 96456 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The ITAT allowed the appellant's grounds, holding that the option for the concessional tax regime u/s 115BAA was validly exercised by filing Form No.10-IC before the due date for the relevant assessment year; accordingly the appellant is entitled to taxation under the concessional regime and not at normal rates. The AO/CPC's demand premised on denial of the 115BAA option was set aside and the demand is directed to be deleted. The Tribunal confined its decision to the temporal validity of the Form 10-IC filing and its consequent application to subsequent assessment years, directing the AO to give effect to the concessional rate.
The ITAT allowed the appellant's grounds, holding that the option for the concessional tax regime u/s 115BAA was validly exercised by filing Form No.10-IC before the due date for the relevant assessment year; accordingly the appellant is entitled to taxation under the concessional regime and not at normal rates. The AO/CPC's demand premised on denial of the 115BAA option was set aside and the demand is directed to be deleted. The Tribunal confined its decision to the temporal validity of the Form 10-IC filing and its consequent application to subsequent assessment years, directing the AO to give effect to the concessional rate.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4823 
Join Channel 
