https://www.taxtmi.com/caselaws?id=775854 ITAT Ahmedabad held that the assessee had validly opted for concessional tax under s.115BAA for AY 2020-21, as the option was clearly indicated in ITR-6 and the tax audit report, evidencing substantive and contemporaneous compliance. Non-filing of Form 10-IC within the prescribed time was treated as a procedural lapse, rendered involuntary as the assessee was unaware of the s.143(1) intimation and consequent demand until after the CBDT condonation window had closed. The matter was restored to the AO, permitting the assessee to file Form 10-IC, with AO to verify satisfaction of all statutory conditions. Appeal allowed for statistical purposes. en-us Tue, 29 Jul 2025 00:00:00 +0530 Thu, 27 Nov 2025 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775854 ITAT Ahmedabad held that the assessee had validly opted for concessional tax under s.115BAA for AY 2020-21, as the option was clearly indicated in ITR-6 and the tax audit report, evidencing substantive and contemporaneous compliance. Non-filing of Form 10-IC within the prescribed time was treated as a procedural lapse, rendered involuntary as the assessee was unaware of the s.143(1) intimation and consequent demand until after the CBDT condonation window had closed. The matter was restored to the AO, permitting the assessee to file Form 10-IC, with AO to verify satisfaction of all statutory conditions. Appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 29 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775854