relevant assessment year, selecting
and opting for Section 115BAA of the Act could be filed. Our
attention was invited to the relevant part ... Form 6 showing
that the assessee had opted for Section 115BAA of the Act (new
regime) [paper book-II pages 39,40,41]. The attention
they forgo specified
deductions and incentives. According to sub-section (5) of Section
115BAA , read with Rule 21AE of the Income-tax Rules ... Section 115BBA when processing the return under
Section 143(1) of the Act on 24.08.2022.
6.4 In this connection, the provisions u/s 115BAA
erred in
applying rate of tax of 22% prescribed under section 115BAA when
the assessee has filed prescribed Form 10-IC under section 115BAA
within ... against the claim of assessee @ 22% as per the
provisions of section 115BAA of the Act. The assessee challenged the
action of the CPC , Banglore
full rate of tax at
30% instead of 22% prescribed under Sec 115BAA when the assessee
has filed prescribed Form 10-IC under Sec 115BAA ... date u/s 139(1) was Intimation u/s
21 has been filed on or 15.02.2021 and the 143(1) itself
before due date
claimed a deduction of Rs.5,80,542/- u/s. 80JJAA of the Act, for which,
separate form i.e., Form 10DA was duly ... compute the tax liability, if any, under the
provisions of Sec. 115BAA of the Act while giving effect to this order.
Hence, the ground
claimed a deduction of Rs.5,80,542/- u/s. 80JJAA of the Act, for which,
separate form i.e., Form 10DA was duly ... compute the tax liability, if any, under the
provisions of Sec. 115BAA of the Act while giving effect to this order.
Hence, the ground
under old regime even though appellant has correctly opted for
taxation u/s 115BAA in (e) of "Filing Status" in "Part ... option exercised by the appellant to apply the
provisions of section 115BAA and pay taxes according to the new regime.
3. That in the facts
