2025 (1) TMI 1706

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....e : Shri Om Prakash, Sr. DR ORDER PER C.N. PRASAD, J.M. This appeal is filed by the Revenue against the order of the Ld. Addl./JCIT (Appeals)-1, Lucknow in deleting the addition made by the CPC on account of delay in filing Form 9A by the assessee. 2. Ld. Counsel for the assessee, at the outset, submits that even though the assessee has duly furnished deemed application as per clause (....

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.... issue of denying the benefit of Section 11 & Section 12 of the Act while processing the return of Income under section 143(1) of the Act. Therefore, all grounds of appeal are being consolidated and adjudicated together. 6.2 The appellant submitted that for the AY 2020-21, it was the first instance where it undertook the filing of Form 9A. Due to an inadvertent lack of comprehensive under....

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.... the appellant has indicated 'yes' and exercised the option in respect of the amount of Rs. 2,66,29,795/-. However, in Form 9A, column A, the amount has been inadvertently filed as zero. According to the appellant, this is an inadvertent mistake. 6.4 The appellant's contention is supported by the details in Form 10B, showing that the option has been exercised, and Form 9A has been fil....