https://www.taxtmi.com/article/detailed?id=12035 Domestic companies seeking the concessional tax rate must file Form No. 10-IC to avail the reduced corporate rate; a circular condones delayed filing for the relevant year provided specified pre-conditions are met: timely return filing under the primary return provision and an election for the concessional tax option recorded in ITR-6. Eligible companies may submit Form No. 10-IC within the extended period specified, while companies failing the pre-conditions may continue to contest denial of substantive entitlement on grounds of procedural lapse. en-us Thu, 09 Nov 2023 10:31:30 +0530 Thu, 09 Nov 2023 10:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12035 Domestic companies seeking the concessional tax rate must file Form No. 10-IC to avail the reduced corporate rate; a circular condones delayed filing for the relevant year provided specified pre-conditions are met: timely return filing under the primary return provision and an election for the concessional tax option recorded in ITR-6. Eligible companies may submit Form No. 10-IC within the extended period specified, while companies failing the pre-conditions may continue to contest denial of substantive entitlement on grounds of procedural lapse. Articles Income Tax Thu, 09 Nov 2023 10:31:30 +0530 https://www.taxtmi.com/article/detailed?id=12035