ITAT Rules Enhanced 60% Tax Under Section 115BBE Cannot Be Applied to AY 2017-18; Directs AO to Levy 30% Tax:
The ITAT held that the enhanced 60% tax rate under Section 115BBE cannot be applied to AY 2017-18 and directed the AO to levy tax at the pre-amended rate of 30%.
ITAT Allows Assessee's Appeal
Saloni Kumari
Jul 9, 2026
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ITAT Rules Enhanced 60% Tax Under Section 115BBE Cannot Be Applied to AY 2017-18; Directs AO to Levy 30% Tax
The ITAT held that the enhanced 60% tax rate under Section 115BBE cannot be applied to AY 2017-18 and directed the AO to levy tax at the pre-amended rate of 30%.
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About Author
Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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