Application u/s 119(2)(b) for condoning delay, if any, in filing ...

Case Laws Income Tax

March 21, 2024

Application u/s 119(2)(b) for condoning delay, if any, in filing Form 10-ID to avail the beneficial rate of tax of 15% u/s 115BAB - Validity of order of CBDT rejecting the application u/s 119(2)(b) - FDI investment approval from China - Beneficial rate of tax of 15% u/s 115BAB - The High court identified procedural irregularities, including the absence of the Member's signature and non-disclosure of field reports, which undermined the validity of the order. Consequently, the court quashed the order and directed the CBDT to provide all relevant documents to the petitioner for reconsideration.

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Application u/s 119(2)(b) for condoning delay, if any, in filing ...

Case Laws Income Tax

March 21, 2024

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