https://www.taxtmi.com/caselaws?id=236036 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. It affirmed that the assessee fulfilled the requirements of Sections 11(2) and 10(23C)(iiiad), and that the delay in filing Form No. 10 should have been condoned. The Tribunal emphasized that the assessee's intention to accumulate funds was clear and supported by evidence, and that the technical objections raised by the AO were insufficient to deny the exemption. The appeal was dismissed, and the CIT(A)'s order was upheld. en-us Fri, 02 Aug 2013 00:00:00 +0530 Tue, 29 Mar 2016 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236036 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. It affirmed that the assessee fulfilled the requirements of Sections 11(2) and 10(23C)(iiiad), and that the delay in filing Form No. 10 should have been condoned. The Tribunal emphasized that the assessee's intention to accumulate funds was clear and supported by evidence, and that the technical objections raised by the AO were insufficient to deny the exemption. The appeal was dismissed, and the CIT(A)'s order was upheld. Case-Laws Income Tax Fri, 02 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236036