https://www.taxtmi.com/caselaws?id=471156 Failure to file Form 10IC within the prescribed time may be treated as an inadvertent procedural error where a domestic company has elected the concessional tax regime under Section 115BAA in its return of income. Filing the form later with an incorrect assessment year does not by itself defeat the claim where the return evidences the election. Form 10IC should be considered and the claim for concessional taxation examined afresh, subject to verification that all remaining statutory conditions are satisfied. en-us Wed, 02 Apr 2025 00:00:00 +0530 Sat, 22 Aug 2026 22:09:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471156 Failure to file Form 10IC within the prescribed time may be treated as an inadvertent procedural error where a domestic company has elected the concessional tax regime under Section 115BAA in its return of income. Filing the form later with an incorrect assessment year does not by itself defeat the claim where the return evidences the election. Form 10IC should be considered and the claim for concessional taxation examined afresh, subject to verification that all remaining statutory conditions are satisfied. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471156