https://www.taxtmi.com/highlights?id=88454 ITAT held that the CPC lacks authority to unilaterally modify the assessee's tax option from normal to special rate under section 115BAA during ITR processing. The CPC's adjustment exceeds the scope of section 143(1)(a) powers. The tribunal supported the assessee's original declaration of "No" for section 115BAA applicability and directed the Assessing Officer to respect the original ITR filing. The tribunal's ruling emphasizes procedural limitations on administrative tax processing, affirming taxpayer's right to elect taxation methodology without unauthorized administrative intervention. en-us Fri, 16 May 2025 08:40:38 +0530 Fri, 16 May 2025 08:40:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88454 ITAT held that the CPC lacks authority to unilaterally modify the assessee's tax option from normal to special rate under section 115BAA during ITR processing. The CPC's adjustment exceeds the scope of section 143(1)(a) powers. The tribunal supported the assessee's original declaration of "No" for section 115BAA applicability and directed the Assessing Officer to respect the original ITR filing. The tribunal's ruling emphasizes procedural limitations on administrative tax processing, affirming taxpayer's right to elect taxation methodology without unauthorized administrative intervention. Highlights Income Tax Fri, 16 May 2025 08:40:38 +0530 https://www.taxtmi.com/highlights?id=88454