{"id":57753,"date":"2026-01-01T13:53:11","date_gmt":"2026-01-01T08:23:11","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-fastner-commodeal-pvt-ltd-2025-479-itr-121-calhc\/"},"modified":"2026-01-01T13:53:11","modified_gmt":"2026-01-01T08:23:11","slug":"pcit-v-fastner-commodeal-pvt-ltd-2025-479-itr-121-calhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-fastner-commodeal-pvt-ltd-2025-479-itr-121-calhc\/","title":{"rendered":"PCIT v. Fastner Commodeal Pvt. Ltd (2025) 479 ITR 121 (Cal)(HC)"},"content":{"rendered":"<p>\u00a0Assessee filing return opting for taxation under section 115BAA but failed to file mandatory form 10-IC within extended period due to covid pandemic and technical glitches in Department&#8217;s portal. Tribunal setting aside National Faceless Assessment Centre&#8217;s order and directing Assessing Officer to permit assessee to file form 10IC stating that the\u00a0 delay condonable considering Central Board of Direct Taxes Circular No. 6 of 2022 dated 17-3-20221. On appeal the Court affirmed the order of the Tribunal.\u00a0 (AY.2020-21)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115BAA:  Tax on income of certain domestic companies-Return of income-Determination of tax in certain cases-Failure to file form 10IC within extended period-CBDT circular No 6 of 2022 dt-17 3-2021(2022) 442 ITR 191 (St)-Tribunal directing the assessee to file form-Order of Tribunal affirmed. [S. 139(1), 260A,   Form No. 10IC] c<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-57753","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-f1v","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=57753"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57753\/revisions"}],"predecessor-version":[{"id":57754,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57753\/revisions\/57754"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=57753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=57753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=57753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}