https://www.taxtmi.com/caselaws?id=249961 The Bombay High Court ruled that the bonds in question were issued before the effective date of the notification requirement under Section 10(23G) of the Income Tax Act, 1961. Consequently, the Tribunal's decision to uphold the exemption claimed by the assessee was deemed valid, as there was no error of law or perversity in their findings. The judgment clarified the necessity of notification in the Official Gazette for claiming exemption and affirmed the Tribunal's decision based on the factual and legal analysis presented during the case. en-us Fri, 04 Jul 2014 00:00:00 +0530 Tue, 17 Feb 2015 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249961 The Bombay High Court ruled that the bonds in question were issued before the effective date of the notification requirement under Section 10(23G) of the Income Tax Act, 1961. Consequently, the Tribunal's decision to uphold the exemption claimed by the assessee was deemed valid, as there was no error of law or perversity in their findings. The judgment clarified the necessity of notification in the Official Gazette for claiming exemption and affirmed the Tribunal's decision based on the factual and legal analysis presented during the case. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249961