Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2023 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (10) TMI 331 - DELHI HIGH COURTImposition of higher rate of tax - petitioner/assessee failed to file Form 10-IC electronically - Assessee submitted that the petitioner/assessee has been taxed at a higher rate of tax for a mere procedural lapse and therefore, seeks the indulgence of this Court to allow the petitioner/assessee to complete the requirements prescribed under Section 115BAA(5) and Rule 21AE(2) and avail the benefit of a lower rate of tax - HELD THAT:- As revenue, says that he would have no objection if this court were to direct the petitioner to move an appropriate application before the Central Board of Direct Taxes (CBDT) for giving leave to file Form 10-IC, pursuant to powers conferred on it by section 119(2)(b) of the Act. The writ petition is thus disposed of, with liberty to the petitioner/assessee to approach the CBDT. In case the petitioner approaches the CBDT within four (4) weeks from the date of receipt of a copy of the order passed today, it will consider the request of the petitioner/assessee, and pass an appropriate order. Also see Rajkamal Healds and Reeds Pvt. Ltd [2022 (3) TMI 531 - GUJARAT HIGH COURT].
|