https://www.taxtmi.com/caselaws?id=460493 ITAT Kolkata allowed assessee's appeal regarding denial of lower taxation rate under Section 115BAA due to failure to file Form 10IC electronically before the due date. The assessee claimed technical glitch prevented timely filing on ITBA portal. Following precedents from Gujarat Paguthan Energy Corporation and Web Commerce cases, ITAT held that filing requirements are directory, not mandatory, when documents are submitted before assessment completion. The matter was remanded to AO to consider Form 10IC and grant relief if other conditions are satisfied. en-us Thu, 07 Mar 2024 00:00:00 +0530 Tue, 28 Jan 2025 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460493 ITAT Kolkata allowed assessee's appeal regarding denial of lower taxation rate under Section 115BAA due to failure to file Form 10IC electronically before the due date. The assessee claimed technical glitch prevented timely filing on ITBA portal. Following precedents from Gujarat Paguthan Energy Corporation and Web Commerce cases, ITAT held that filing requirements are directory, not mandatory, when documents are submitted before assessment completion. The matter was remanded to AO to consider Form 10IC and grant relief if other conditions are satisfied. Case-Laws Income Tax Thu, 07 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460493