https://www.taxtmi.com/caselaws?id=784868 Whether delay in filing Form No.10-IC precludes claim under s.115BAA - Held that s.119(2)(b) empowers CBDT (and delegated authority) to condone delayed filings; administrative Circulars and precedents (V M Procon, Axe BPO) support relief where non-filing produced genuine hardship. Reasoning: AY 2020-21 was first year requiring Form 10-IC, inadvertent omission plausible, and levy/demand caused concrete prejudice contrary to substantive entitlement under s.115BAA. Outcome: impugned refusal reversed; delay in filing Form No.10-IC condoned and related refusal set aside by the HC. en-us Wed, 07 Jan 2026 00:00:00 +0530 Sat, 25 Apr 2026 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784868 Whether delay in filing Form No.10-IC precludes claim under s.115BAA - Held that s.119(2)(b) empowers CBDT (and delegated authority) to condone delayed filings; administrative Circulars and precedents (V M Procon, Axe BPO) support relief where non-filing produced genuine hardship. Reasoning: AY 2020-21 was first year requiring Form 10-IC, inadvertent omission plausible, and levy/demand caused concrete prejudice contrary to substantive entitlement under s.115BAA. Outcome: impugned refusal reversed; delay in filing Form No.10-IC condoned and related refusal set aside by the HC. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784868