https://www.taxtmi.com/caselaws?id=266154 The appeal was allowed, directing the Assessing Officer to grant exemption under section 10(23C)(iiiac) of the Income Tax Act. The society, substantially funded by the Government of India/State Govt. of Karnataka, met the criteria for exemption based on funding received. The decision of the Coordinate Bench was followed, as no distinguishing facts were presented by the Revenue, leading to the allowance of the appeal and the grant of exemption to the assessee. en-us Mon, 08 Jun 2015 00:00:00 +0530 Sat, 17 Oct 2015 23:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266154 The appeal was allowed, directing the Assessing Officer to grant exemption under section 10(23C)(iiiac) of the Income Tax Act. The society, substantially funded by the Government of India/State Govt. of Karnataka, met the criteria for exemption based on funding received. The decision of the Coordinate Bench was followed, as no distinguishing facts were presented by the Revenue, leading to the allowance of the appeal and the grant of exemption to the assessee. Case-Laws Income Tax Mon, 08 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266154