This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Madras HC Allows Delayed Form 10-IC Filing for Section 115BAA Benefit
Case Law Details
- Case Name
- MRF Limited Vs Central Board of Direct Taxes (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
MRF Limited Vs Central Board of Direct Taxes (Madras High Court)
The Madras High Court considered a writ petition challenging the order dated 26.03.2024 rejecting the petitioner’s application under Section 119(2)(b) of the Income-tax Act, 1961 for condonation of delay in filing Form 10-IC, which was required for availing the concessional corporate tax rate under Section 115BAA of the Act.
The petitioner, MRF Limited, engaged in the business of manufacturing tyres, filed its return of income for Assessment Year 2020-21 on 05.02.2021. While filing the return, the petitioner expressly opted...
Author Info
