https://www.taxtmi.com/caselaws?id=791356 Filing Form 10-IC after the due date under section 139(1) was treated as a procedural lapse, not a substantive disqualification, where the assessee had disclosed the option for taxation under section 115BAA in the return and the form was available on the CPC portal when the return was processed under section 143(1). As no dispute was raised on any other eligibility condition, the processing under the old regime was regarded as a technical error. The concessional tax rate under section 115BAA was therefore held to be available, and denial of that benefit was not sustained. en-us Thu, 07 May 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791356 Filing Form 10-IC after the due date under section 139(1) was treated as a procedural lapse, not a substantive disqualification, where the assessee had disclosed the option for taxation under section 115BAA in the return and the form was available on the CPC portal when the return was processed under section 143(1). As no dispute was raised on any other eligibility condition, the processing under the old regime was regarded as a technical error. The concessional tax rate under section 115BAA was therefore held to be available, and denial of that benefit was not sustained. Case-Laws Income Tax Thu, 07 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791356