ITAT Restores 115BAA Concessional Tax Claim Despite Minor Form 10-IC Delay

Shivshambho Construction Private Limited Vs ITO (ITAT Kolkata) ITAT Kolkata Restores 115BAA Concessional Tax Claim – Delay in Filing Form 10-IC Held Procedural Kolkota Tribunal condoned delay of 4 days & restored matter to AO, holding that delay in filing Form 10-IC for opting concessional tax regime u/s 115BAA is procedural & assessee deserves fresh consideration. Assessee, a private limited company, filed return declaring income of ₹8.71 crore, opting for concessional tax regime u/s 115BAA. CPC, Bangalore rejected claim u/s 143(1), disallowing 115BAA option on ground of belated...