https://www.taxtmi.com/caselaws?id=782188 Denial of the concessional tax rate under section 115BAB, based on inconsistent return entries regarding the option for the regime, could not be sustained without proper verification of the return and related factual material. The Tribunal found that the first appellate authority had not examined the record with sufficient factual clarity and that the assessee's claim required a correct reading of the return entries and applicability of the concessional regime. The appellate order was therefore set aside and the matter was remanded for de novo adjudication in accordance with law, resulting in partial relief to the assessee. en-us Wed, 23 Jul 2025 00:00:00 +0530 Wed, 26 Nov 2025 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782188 Denial of the concessional tax rate under section 115BAB, based on inconsistent return entries regarding the option for the regime, could not be sustained without proper verification of the return and related factual material. The Tribunal found that the first appellate authority had not examined the record with sufficient factual clarity and that the assessee's claim required a correct reading of the return entries and applicability of the concessional regime. The appellate order was therefore set aside and the matter was remanded for de novo adjudication in accordance with law, resulting in partial relief to the assessee. Case-Laws Income Tax Wed, 23 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782188