https://www.taxtmi.com/caselaws?id=469623 Entitlement to the concessional tax rate under section 115BAA was treated as turning on substantive eligibility, not on strict compliance with the prescribed filing form. The assessee had opted for the regime and met the underlying conditions; the only defect was filing Form 10-IB instead of Form 10-IC, which was later corrected. The prescribed form was regarded as a procedural mechanism to operationalise the benefit, so the technical lapse did not defeat the concessional rate where eligibility otherwise existed. Prior departmental acceptance in earlier and subsequent years supported that the dispute was confined to a procedural error, and the assessee was stated to remain entitled to the benefit. en-us Mon, 13 Oct 2025 00:00:00 +0530 Wed, 24 Jun 2026 15:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469623 Entitlement to the concessional tax rate under section 115BAA was treated as turning on substantive eligibility, not on strict compliance with the prescribed filing form. The assessee had opted for the regime and met the underlying conditions; the only defect was filing Form 10-IB instead of Form 10-IC, which was later corrected. The prescribed form was regarded as a procedural mechanism to operationalise the benefit, so the technical lapse did not defeat the concessional rate where eligibility otherwise existed. Prior departmental acceptance in earlier and subsequent years supported that the dispute was confined to a procedural error, and the assessee was stated to remain entitled to the benefit. Case-Laws Income Tax Mon, 13 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469623