Tag Archives: Radiant Digital Solutions (P.) Ltd.

Delay in Filing Form 10-IC for Section 115BAA Concessional Tax Condoned Due to Bona Fide Intention Issue Whether the rejection of an application under Section 119(2)(b) seeking condonation of delay in filing Form 10-IC to claim the concessional tax rate under Section 115BAA is sustainable when the taxpayer demonstrated a continuous bona fide intention to… Read More »

Bona Fide Delay in Filing Form 10-IC Under Section 115BAA Deserves Condonation Under Section 119(2)(b) Issue Whether the delay in filing Form 10-IC for exercising the option of a concessional corporate tax rate under Section 115BAA should be condoned under Section 119(2)(b) when the assessee demonstrated a bona fide intention from the inception. Facts Context… Read More »