Condonation under s.119(2)(b) validates assessee's s.115BAA option; AO to verify Form 10-IC and recompute 22% tax

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....ITAT holds that condonation of delay u/s 119(2)(b) validates the assessee's option under s.115BAA, rendering the sole dispute concerning denial of the concessional 22% rate moot. The Tribunal sets aside the order of the CIT(A) and restores the matter to the file of the AO with directions that the AO: (i) take cognizance of the condonation order dated 11.09.2025 passed by the PCIT u/s 119(2)(b); (ii) verify electronic filing of Form No.10-IC and recompute tax liability at 22% u/s 115BAA; and (iii) afford the assessee an opportunity of being heard before giving effect to these directions. The assessee's appeal is allowed for statistical purposes.....