9911796707
TMI Blog2024 (7) TMI 825X X X X Extracts X X X X X X X X Extracts X X X X ..... see has been taxed @ 30% instead of @ 22% Technical issue preventing access for filing Form 10IC - delay in filing Form 10IC has been condoned by the ld. Pr. CIT - HELD THAT:- Delay in filing Form 10IC has been condoned and, therefore, the assessee deserves benefit of reduced rate of taxation i.e., 22% in place of 30% levied. We also notice that Form 10IC was not filed by the assessee on account o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... R PER DR. MANISH BORAD, ACCOUNTANT MEMBER : The above captioned appeal is directed at the instance of the revenue against the order of the National Faceless Appeal Centre, (hereinafter the ld. CIT(A) ) dt. 21/02/2023, passed u/s 250 of the Income Tax Act, 1961 ( the Act ) for the Assessment Year 2020-21. 2. The sole grievance of the assessee is that the ld. CIT(A) erred in rejecting the claim of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssessee has requested to withdraw this appeal with a request that even though the ld. Pr. CIT has condoned the delay, but no access was given in the Income-tax portal for filing of Form 10IC. 4. We have gone through the application/written submission filed by the assessee and the relevant documents attached thereto. Admittedly there was a delay in filing From 10IC, which prevented the assessee fro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as claimed by the assessee, it is still no having the access for filing the Form 10IC. This being a technical aspect, needs to be taken care of by the revenue authorities and the income of the assessee needs to be taxed @ 22% as against 30% levied by the CPC. Accordingly, Ground Nos. 1, 2, 3, 4 5 raised by the assessee are hereby allowed. So far as Ground No. 6 is concerned, the same has been rai ..... X X X X Extracts X X X X X X X X Extracts X X X X
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