https://www.taxtmi.com/caselaws?id=347185 The Tribunal held that the Assessing Officer erred in not considering whether the exemption granted under the repealed Act was saved by Section 297 of the new Act. The AO was directed to re-examine the exemption issue. The appeal was partly allowed for statistical purposes. The Tribunal dismissed the argument regarding the taxation of rental income accrued from 1976 to 1992 as it was not raised in the original proceedings. en-us Fri, 23 Jun 2017 00:00:00 +0530 Wed, 30 Aug 2017 17:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347185 The Tribunal held that the Assessing Officer erred in not considering whether the exemption granted under the repealed Act was saved by Section 297 of the new Act. The AO was directed to re-examine the exemption issue. The appeal was partly allowed for statistical purposes. The Tribunal dismissed the argument regarding the taxation of rental income accrued from 1976 to 1992 as it was not raised in the original proceedings. Case-Laws Income Tax Fri, 23 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347185