Vaaman Fab Private Limited vs. ITO

Parties Involved

Facts Summary

The present appeal has been filed by Vaaman Fab Private Limited against the order passed by the Office of the Commissioner of Income Tax, Appeal Addl/JCIT (A) 10, Delhi, dated 16.10.2025 under Section 250 of the Income Tax Act, 1961. The appeal is noted to be delayed for filing by 98 days. The appellant, through its Managing Director, filed an application seeking condonation of the delay, stating that the delay was due to the erstwhile Chartered Accountant not filing the appeal. The appellant filed the appeal through CA Yogesh Parwal along with a request to condone the delay. The respondent opposed the condonation of delay, contending that the delay was due to laxity on the part of the assessee.…

Legal Issues

• 1. Whether the benefit of the concessional rate of tax under Section 115BAB of the Act should be granted to the appellant for the Assessment Year 2021-22?

Judgment Outcome

Decided in favour of Partly Assessee / Partly Revenue.

Precedents Relied Upon

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