https://www.taxtmi.com/caselaws?id=781182 ITAT held that the CPC's substitution of the concessional 22% rate under s.115BAB with the normal 30% by mechanical adjustment under s.143(1) without affording the assessee an opportunity of hearing violated natural justice. The Tribunal found the denial unsustainable, noting the same claim was accepted in the preceding year and consistency required prior intimation before altering tax treatment. The CIT(A)'s concurrence with the CPC was set aside and the assessee's appeal was allowed, remitting the matter for appropriate adjudication after giving opportunity to be heard. en-us Tue, 28 Oct 2025 00:00:00 +0530 Wed, 13 May 2026 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781182 ITAT held that the CPC's substitution of the concessional 22% rate under s.115BAB with the normal 30% by mechanical adjustment under s.143(1) without affording the assessee an opportunity of hearing violated natural justice. The Tribunal found the denial unsustainable, noting the same claim was accepted in the preceding year and consistency required prior intimation before altering tax treatment. The CIT(A)'s concurrence with the CPC was set aside and the assessee's appeal was allowed, remitting the matter for appropriate adjudication after giving opportunity to be heard. Case-Laws Income Tax Tue, 28 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781182