Delay in ITR Filing due to Technical Defect: ITAT Directs AO to Grant Section 115BAA Benefit

Zodiac Energy Limited Vs ADIT CPC (ITAT Ahmedabad)

In the case of Zodiac Energy Limited vs ADIT CPC, the ITAT Ahmedabad addressed disputes arising from the denial of benefits under Section 115BAA of the Income Tax Act, 1961, for Assessment Year 2021-22. The appellant argued that the denial was based on a misinterpretation of eligibility criteria as outlined in the CBDT Circular dated 23.10.2023 and due to the use of an incorrect ITR screenshot in the assessment process.

The Tribunal noted that the assessee’s eligibility for Section 115BAA benefits was clear, and t

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