Filing requirement of Form 10IC for benefit u/s. 115AAB becomes irrelevant in subsequent year

Indo British Garments Pvt. Ltd. Vs DCIT (ITAT Delhi) ITAT Delhi held that benefit of section 115AAB of the Income Tax Act availed in the preceding year cannot be denied in subsequent year on the reason of non-filing of prescribed Form 10IC. Accordingly, appeal allowed. Facts- The assessee company is engaged in the business of manufacturing of garments. The company also has branch operations in Johannesburg, South The assessee filed its return of income for AY 2021-22 electronically on 11.03.2022, declaring total income at INR 2,18,68,649/-. An intimation u/s 143(1) of the Act was issued by the...