Question ID :
40947
103762
Can we cancel form 10IC filed through oversight. We have yet not filed the return. Relevant section 115BAA is but we would like to otp for section 115BA.
Posted by
DARSHAK MAGANLAL THAKKAR
on
Jan 19, 2021
Filed Under
DIRECT TAXES
No. The option exercised once under this section cannot be withdrawn.
Posted by
CA. chunauti dholakia on
Jan 20, 2021