Form 10IC: One-Time Filing for Concessional Tax Rate under Section 115BAA

Concentrix Daksh Services India Pvt. Ltd. Vs ACIT (ITAT Delhi)

Form 10IC is required to be filed only in the first year wherein concessional rate of taxes was opted for the first time by an assessee and Concessional rate of tax under section 115BAA of the Income-tax Act, 1961 cannot be denied on the ground that assessee had not filed fresh form 10IC

Introduction: The Concentrix Daksh Services India Pvt. Ltd. vs. ACIT case, heard by the Income Tax Appellat

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