https://www.taxtmi.com/caselaws?id=756831 ITAT Amritsar allowed the appeal where assessee filed Form 10-IE after the due date for claiming benefits under section 115BAC. The tribunal held that filing Form 10-IE before the due date under section 139(1) is directory, not mandatory, following the precedent in Akshay Devendra Birari case. The court noted that technical glitches in the portal prevented timely filing, and since the form was available to the AO during assessment, CPC should have considered it. The tribunal directed CPC to reconsider the form and pass appropriate orders allowing the new tax regime benefits. en-us Wed, 24 Jul 2024 00:00:00 +0530 Sat, 10 Aug 2024 09:04:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756831 ITAT Amritsar allowed the appeal where assessee filed Form 10-IE after the due date for claiming benefits under section 115BAC. The tribunal held that filing Form 10-IE before the due date under section 139(1) is directory, not mandatory, following the precedent in Akshay Devendra Birari case. The court noted that technical glitches in the portal prevented timely filing, and since the form was available to the AO during assessment, CPC should have considered it. The tribunal directed CPC to reconsider the form and pass appropriate orders allowing the new tax regime benefits. Case-Laws Income Tax Wed, 24 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756831