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    <title>2016 (2) TMI 803 - KARNATAKA HIGH COURT</title>
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    <description>The High Court allowed the writ appeal, setting aside the rejection of the appellant&#039;s application for exemption under section 10(23C)(vi) of the Income Tax Act. The court directed the Chief Commissioner of Income Tax to reconsider the matter, considering the appellant&#039;s explanation and legal principles. Both parties were given the opportunity to present their arguments, with the appellant required to appear before the Chief Commissioner. The Chief Commissioner was instructed to issue a decision within four weeks, emphasizing the need for a comprehensive review of the appellant&#039;s eligibility for exemption.</description>
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      <description>The High Court allowed the writ appeal, setting aside the rejection of the appellant&#039;s application for exemption under section 10(23C)(vi) of the Income Tax Act. The court directed the Chief Commissioner of Income Tax to reconsider the matter, considering the appellant&#039;s explanation and legal principles. Both parties were given the opportunity to present their arguments, with the appellant required to appear before the Chief Commissioner. The Chief Commissioner was instructed to issue a decision within four weeks, emphasizing the need for a comprehensive review of the appellant&#039;s eligibility for exemption.</description>
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