https://www.taxtmi.com/caselaws?id=471939 Concessional taxation under Section 115BAA may remain available where a domestic company selected the regime in a timely return but uploaded Form 10IC later. Selection in the return can evidence substantial compliance with exercising the option. Applicable condonation circulars and treatment of the omission as an inadvertent procedural error support reconsideration rather than outright denial. The Assessing Officer must consider the delayed form and grant consequential relief if the remaining statutory conditions are met. en-us Thu, 27 Feb 2025 00:00:00 +0530 Thu, 24 Sep 2026 13:54:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471939 Concessional taxation under Section 115BAA may remain available where a domestic company selected the regime in a timely return but uploaded Form 10IC later. Selection in the return can evidence substantial compliance with exercising the option. Applicable condonation circulars and treatment of the omission as an inadvertent procedural error support reconsideration rather than outright denial. The Assessing Officer must consider the delayed form and grant consequential relief if the remaining statutory conditions are met. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471939