https://www.taxtmi.com/caselaws?id=766920 Where an assessee had already opted for the concessional tax regime under Section 115BAA in the return and had substantially complied with its conditions, refusal to condone delay in filing Form 10-IC under Section 119(2)(b) was unsustainable. The delay was attributed to the pandemic period and remote functioning of the tax department, and denial of procedural relaxation would have defeated the substantive benefit already claimed. The HC held that the power under Section 119(2)(b) must be used to avoid genuine hardship, set aside the rejection, and directed the authorities to permit filing of Form 10-IC and consider the claim under the concessional regime on merits. en-us Thu, 30 Jan 2025 00:00:00 +0530 Mon, 13 Jul 2026 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766920 Where an assessee had already opted for the concessional tax regime under Section 115BAA in the return and had substantially complied with its conditions, refusal to condone delay in filing Form 10-IC under Section 119(2)(b) was unsustainable. The delay was attributed to the pandemic period and remote functioning of the tax department, and denial of procedural relaxation would have defeated the substantive benefit already claimed. The HC held that the power under Section 119(2)(b) must be used to avoid genuine hardship, set aside the rejection, and directed the authorities to permit filing of Form 10-IC and consider the claim under the concessional regime on merits. Case-Laws Income Tax Thu, 30 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766920