https://www.taxtmi.com/caselaws?id=460965 Madras HC allowed petitioner's writ petition challenging rejection of application under Section 119(2)(b) for filing Form 10-IC to exercise option under Section 115BAA. Court held that revenue authority misdirected itself by not examining whether failure to file Form 10-IC within stipulated period would cause genuine hardship to assessee. HC set aside impugned order, directing respondent to keep portal open for petitioner to upload Form 10-IC within four weeks, after which claim under Section 115BAA shall be decided on merits. en-us Wed, 13 Nov 2024 00:00:00 +0530 Tue, 10 Mar 2026 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460965 Madras HC allowed petitioner's writ petition challenging rejection of application under Section 119(2)(b) for filing Form 10-IC to exercise option under Section 115BAA. Court held that revenue authority misdirected itself by not examining whether failure to file Form 10-IC within stipulated period would cause genuine hardship to assessee. HC set aside impugned order, directing respondent to keep portal open for petitioner to upload Form 10-IC within four weeks, after which claim under Section 115BAA shall be decided on merits. Case-Laws Income Tax Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460965