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of <h1>Tribunal Upholds Income Exemption u/s 10(26AAB), Dismissing Revenue's Appeal for Lack of Effective Challenge.</h1> <h3>ITO, Bargarh Versus Regulated Market Committee</h3> ITO, Bargarh Versus Regulated Market Committee - TMI The appeal was filed by the revenue against the order of the ld. CIT(A) at the National Faceless Appeal Centre (NFAC), Delhi. The ld. CIT(A) had deleted the additions made by the AO, stating that the income of the assessee, an agricultural produce market committee, is exempt u/s. 10(26AAB) of the Act. The Tribunal upheld the decision of the ld. CIT(A) as the revenue did not dislodge the findings. The appeal of the revenue was dismissed.
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