Lower Tax Rate Cannot Be Denied for Delay in Filing Form 10IC: ITAT Ahmedabad

Aprameya Engineering Limited Vs ITO (ITAT Ahmedabad)

Income Tax Appellate Tribunal (ITAT) Ahmedabad delivered a ruling in the case of Aprameya Engineering Limited vs. Income Tax Officer, addressing the rejection of a lower tax rate under Section 115BAA due to the delayed filing of Form 10-IC. The dispute arose when the Central Processing Centre (CPC) processed the company’s return for Please become a Premium member. If you are already a Premium member, login here to access the full content.