https://www.taxtmi.com/caselaws?id=237976 Entitlement to exemption under Section 10(23B) depended on satisfaction of the statutory conditions, including use or accumulation of income solely for development of khadi or village industries and the required approval from the Khadi and Village Industries Commission. The Court noted that the same question had already been considered in the assessee's earlier appeal, where the matter was remitted to the Tribunal for fresh consideration. Consistently with that earlier approach, the appeal was allowed and the matter was remanded to the Tribunal for reconsideration, including the issue identified in the prior decision. en-us Tue, 08 Oct 2013 00:00:00 +0530 Sat, 12 Oct 2013 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237976 Entitlement to exemption under Section 10(23B) depended on satisfaction of the statutory conditions, including use or accumulation of income solely for development of khadi or village industries and the required approval from the Khadi and Village Industries Commission. The Court noted that the same question had already been considered in the assessee's earlier appeal, where the matter was remitted to the Tribunal for fresh consideration. Consistently with that earlier approach, the appeal was allowed and the matter was remanded to the Tribunal for reconsideration, including the issue identified in the prior decision. Case-Laws Income Tax Tue, 08 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237976