Form 10-IC APPLICABILITY


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This discussion clarifies the filing requirements for Form 10-IC for Private Limited Companies choosing Section 115BAA. Contrary to some beliefs, Form 10-IC only needs to be filed once, not every year before filing the return of income. Once submitted, it is sufficient and no further annual filings are necessary.

28 September 2023 PRIVATE LTD COMPANY OPTING FOR 115BAA NEED TO FILE FORM 10-IC EVERY YEA BEFORE FILING RETURN OF INCOME

28 September 2023 Every year filing not required, it's one time filing.

28 September 2023 ONCE FILED IS SUFFICIENT AND NOT REQUIRED AGAIN


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