Case Law Analysis
|Income Tax Appellate Tribunal
Section 115BAC | Late Filing of Form 10-IE Before Section 143(1) Processing Still Validates New Tax Regime Option : ITAT Ahmedabad
ITAT Ahmedabad rules that an assessee who files Form 10-IE after the due date but before the CPC processes the return under Section 143(1) is still entitled to the new tax regime benefits. This clarifies that substantial compliance, not strict timeliness, governs the opt-in mechanism-protecting taxpayers from automatic disqualification due to administrative delays.