https://www.taxtmi.com/caselaws?id=257291 The ITAT Jodhpur dismissed the revenue's appeal and the assessee's cross objection in a case involving exemption under sections 11(2) and 10(23C)(iiiac) for A.Y. 2009-2010. The ITAT confirmed the deduction under section 11(2) due to timely filing of Form No. 10 and upheld the exemption claim under section 10(23C)(iiiac) based on substantial government financing and charitable activities. Additionally, the set off of unabsorbed depreciation was allowed, leading to the dismissal of the revenue's appeal grounds. en-us Fri, 02 May 2014 00:00:00 +0530 Mon, 09 Mar 2015 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257291 The ITAT Jodhpur dismissed the revenue's appeal and the assessee's cross objection in a case involving exemption under sections 11(2) and 10(23C)(iiiac) for A.Y. 2009-2010. The ITAT confirmed the deduction under section 11(2) due to timely filing of Form No. 10 and upheld the exemption claim under section 10(23C)(iiiac) based on substantial government financing and charitable activities. Additionally, the set off of unabsorbed depreciation was allowed, leading to the dismissal of the revenue's appeal grounds. Case-Laws Income Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257291