2025 (4) TMI 716

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.... CIT ORDER PER JAGADISH, A.M : Aforesaid appeal filed by the assessee for Assessment Year (AY) 2021-22 arises out of the order of Learned Commissioner of Income Tax, Appeal, Addl/JCIT(A)-2, Gurugram [hereinafter "CIT(A)"] dated 23.02.2024 vide intimation u/s. 143(1) of the Income-tax Act, 1961 (hereinafter "the Act") issued by CPC, Bengaluru dated 20.10.2022. 2. The only effective ground in ....

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....ssional tax rate u/s. 115BAA of the Act. The CPC, Bengaluru in the intimation has also mentioned that the assessee has opted for concessional tax rate u/s 115BAA of the Act, despite this the CPC has computed the tax @ 30%. The Ld. CIT(A) while observing in para 5.2 that the assessee has filed Form-10IC on time and also filed return of income u/s. 139 of the Act, has held that the assessee has not ....